Namibian dollar

E88179

currency fiat currency

The Namibian dollar is the official national currency of Namibia, pegged at par to the South African rand and used alongside it in everyday transactions.

Statements (39)

Predicate	Object
instanceOf	currency → fiat currency →
centralBank	Bank of Namibia →
circulatesIn	Namibia →
country	Namibia →
denominationType	banknote → coin →
exchangeControlLinkedTo	South African rand →
hasAbbreviation	N$ →
hasCurrencySystem	decimal →
hasTerritorialUse	Republic of Namibia →
introduced	1993 →
ISO4217Code	NAD →
isPeggedAtParWith	South African rand →
issuingAuthority	Bank of Namibia →
legalStatus	legal tender →
legalTenderIn	Namibia →
monetaryAuthority	Bank of Namibia →
monetaryPolicySetBy	Bank of Namibia →
namedAfter	Namibia →
officialCurrencyOf	Namibia →
partOf	Common Monetary Area (de facto via peg) →
peggedTo	South African rand →
pegRatio	1:1 →
region	Southern Africa →
replacedCurrency	South African rand (as sole legal tender) →
status	active →
subunit	cent →
subunitToUnit	100 →
symbol	$ →
usedAlongside	South African rand →
usedFor	domestic payments → everyday transactions → pricing of goods and services →
usedIn	cash transactions → electronic payments → government budgeting → tax payments → wage payments →

Referenced by (3)

Subject (surface form when different)	Predicate
Namibia → Windhoek →	currency
Common Monetary Area →	currencyPeg