Convert Norwegian Krone to Namibian Dollar
Please provide values below to convert Norwegian Krone [NOK] to Namibian Dollar [NAD], or Convert Namibian Dollar to Norwegian Krone.
How to Convert Norwegian Krone to Namibian Dollar
1 NOK = 0.575623196160918 NAD
Example: convert 15 NOK to NAD:
15 NOK = 15 × 0.575623196160918 NAD = 8.63434794241377 NAD
Norwegian Krone to Namibian Dollar Conversion Table
| Norwegian Krone | Namibian Dollar |
|---|
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.