Convert Namibian Dollar to Philippine Peso
Please provide values below to convert Namibian Dollar [NAD] to Philippine Peso [PHP], or Convert Philippine Peso to Namibian Dollar.
How to Convert Namibian Dollar to Philippine Peso
1 NAD = 0.308500007902737 PHP
Example: convert 15 NAD to PHP:
15 NAD = 15 × 0.308500007902737 PHP = 4.62750011854105 PHP
Namibian Dollar to Philippine Peso Conversion Table
| Namibian Dollar | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.