Convert Qatari Rial to Namibian Dollar
Please provide values below to convert Qatari Rial [QAR] to Namibian Dollar [NAD], or Convert Namibian Dollar to Qatari Rial.
How to Convert Qatari Rial to Namibian Dollar
1 QAR = 0.20721023299766 NAD
Example: convert 15 QAR to NAD:
15 QAR = 15 × 0.20721023299766 NAD = 3.10815349496491 NAD
Qatari Rial to Namibian Dollar Conversion Table
| Qatari Rial | Namibian Dollar |
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.