Convert Namibian Dollar to Lebanese Pound
Please provide values below to convert Namibian Dollar [NAD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Namibian Dollar.
How to Convert Namibian Dollar to Lebanese Pound
1 NAD = 0.000196275977653631 LBP
Example: convert 15 NAD to LBP:
15 NAD = 15 × 0.000196275977653631 LBP = 0.00294413966480447 LBP
Namibian Dollar to Lebanese Pound Conversion Table
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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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.