Convert Namibian Dollar to Romanian Leu
Convert Namibian Dollar (NAD) to Romanian Leu (RON) 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 Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, with "leu" meaning "lion" in Romanian. A redenomination occurred in 2005 where 10,000 old lei (ROL) became 1 new leu (RON). The National Bank of Romania manages monetary policy. Romania is an EU member since 2007 and is preparing to adopt the Euro, though no firm date has been set. Romania has a medium-sized economy in Southeast Europe with strong agricultural, manufacturing (automotive - Dacia/Renault), and IT services sectors. The leu is divided into 100 bani.
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).