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The dollar replaced the South African rand, which had been the country's currency while it was under South African rule as South-West Africa from 1920 until 1990, at par. . The rand is still legal tender, as the Namibian dollar is linked to the South African rand and can be exchanged on a one-to-one basis loca
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
This is a list of circulating fixed exchange rate currencies, ... Namibian dollar: South African rand: 1 Nepalese rupee: Indian rupee: 1.6 Netherlands Antillean guilder:
The Namibian economy is closely linked to South Africa with the Namibian dollar pegged to the ... which is linked to the South African Rand at a fixed exchange rate ...
Namibian dollar $ NAD Cent: 100 ... (fixed exchange rate) currencies, there are only 130 currencies that are independent or pegged to a currency basket. Dependencies ...
The dollar surged against global currencies last year and looks to remain strong in 2025 if global investors continue pouring money into the booming U.S. stock market, according to Societe ...
Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar). In some places there is a thriving street trade by unlicensed street traders in US dollars or other stable currencies, which are seen as a hedge against local inflation. The exchange rate is ...
Namibian dollar – Namibia; ... List of countries by exchange rate regime; List of central banks; ISO 4217 This page was last edited on 16 February 2025, at ...