Convert Saudi Riyal to Namibian Dollar
Please provide values below to convert Saudi Riyal [SAR] to Namibian Dollar [NAD], or Convert Namibian Dollar to Saudi Riyal.
How to Convert Saudi Riyal to Namibian Dollar
1 SAR = 0.213472080698139 NAD
Example: convert 15 SAR to NAD:
15 SAR = 15 × 0.213472080698139 NAD = 3.20208121047209 NAD
Saudi Riyal to Namibian Dollar Conversion Table
| Saudi Riyal | Namibian Dollar |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.