South African Rand to Namibian Dollar | Bank

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The South African Rand (ZAR) is the official currency of South Africa. It was introduced in 1961 when it replaced the South African pound. The Rand is also legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho, and Namibia.

The Namibian Dollar (NAD) is the official currency of Namibia. It was introduced in 1993, replacing the South African Rand, though both currencies remain legal tender. The Namibian Dollar is pegged to the South African Rand at a 1:1 ratio.