Namibian Dollar to Norwegian Krone

The Namibian dollar (sign N$, code NAD) is the national currency of Namibia, a South African republic. The currency is not accepted in other countries. Cents are small coins used as change for the Namibian dollar.

Every NAD has 100 cents. The currency has been issued since 1993. Its predecessor was the South African rand. A premise of creating its own currency was the fact that Namibia gained independence and organized its own national bank. These events date back to 1990.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.