Convert Namibian Dollar to Angolan Kwanza
Please provide values below to convert Namibian Dollar [NAD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Namibian Dollar.
How to Convert Namibian Dollar to Angolan Kwanza
1 NAD = 0.0191046179217797 AOA
Example: convert 15 NAD to AOA:
15 NAD = 15 × 0.0191046179217797 AOA = 0.286569268826695 AOA
Namibian Dollar to Angolan Kwanza Conversion Table
Namibian Dollar | Angolan Kwanza |
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Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.