Convert Namibian Dollar to Malaysian Ringgit
Please provide values below to convert Namibian Dollar [NAD] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Namibian Dollar.
How to Convert Namibian Dollar to Malaysian Ringgit
1 NAD = 4.15151013848844 MYR
Example: convert 15 NAD to MYR:
15 NAD = 15 × 4.15151013848844 MYR = 62.2726520773267 MYR
Namibian Dollar to Malaysian Ringgit Conversion Table
| Namibian Dollar | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.