Namibian Dollar to Ukrainian Hryvnia

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 Ukrainian hryvnia (sign грн, code UAH) serves as the national currency of Ukraine. It is not printed or accepted outside it. Kopiykas are used as change for the Ukrainian hryvnia.

Every UAH has 100 kopiykas. The currency has been in circulation since 1996. Prior to that, there was the karbovantes, and even earlier there was the Soviet ruble. The word “hryvnia” comes for the term “mane”. It defined coins with strings, resembling a bright mane of a golden horse. The word became widespread in old Rus. It was used as a weight measurement.