Convert Namibian Dollar to Czech Koruna
Convert Namibian Dollar (NAD) to Czech Koruna (CZK) using daily updated exchange rates.
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Exchange Rate
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About Namibian Dollar
The Namibian Dollar (NAD) has been the official currency of Namibia since 1993, replacing the South African Rand when Namibia achieved full monetary independence after gaining independence from South Africa in 1990. The NAD is pegged to the South African Rand at parity (1:1), and the rand remains legal tender in Namibia. The Bank of Namibia issues the dollar under a currency board arrangement. Namibia is a sparsely populated country with significant natural resources - diamonds (the coast is one of the world's richest diamond fields), uranium, zinc, copper, gold, and fish.
About Czech Koruna
The Czech Koruna (CZK) became the sole currency of the Czech Republic on 8 February 1993, following the peaceful dissolution of Czechoslovakia - the "Velvet Divorce" - and the separation from the Slovak Koruna. The word "koruna" means "crown". The Czech National Bank manages monetary policy with an inflation-targeting regime. The Czech Republic has been an EU member since 2004 but has not yet adopted the Euro, retaining its own currency as a matter of national policy. The Czech economy is highly industrialised with a strong automotive, machinery, and electronics manufacturing base.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).