1 Usd to Nad Exchange Rate Overview and Insights

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From above electronic calculator and notepad placed over United States dollar bills together with metallic pen for budget planning and calculation
Credit: pexels.com, From above electronic calculator and notepad placed over United States dollar bills together with metallic pen for budget planning and calculation

The 1 USD to NAD exchange rate is a crucial aspect of currency exchange, especially for travelers and investors.

The South African rand (NAD) is the official currency of Namibia, a country located in southern Africa.

The exchange rate between USD and NAD is influenced by various economic factors, including interest rates, inflation, and trade balances.

One USD is equivalent to approximately 14.75 NAD, based on current market rates.

USD to NAD Exchange Rate History (6 Months)

The USD to NAD exchange rate has a significant impact on international travelers and those involved in cross-border transactions. The USD/NAD rate is up +0.47% in the last six months, indicating the US Dollar has increased in value compared to the Namibian Dollar.

This shift in value can affect the amount of Namibian Dollars you receive when exchanging US Dollars. For example, if you exchanged $100 USD six months ago, you would have received a certain amount of Namibian Dollars. Now, with the increased value of the US Dollar, you would receive a slightly higher amount of Namibian Dollars for the same $100 USD.

If you're planning a trip to Namibia or need to exchange money, it's essential to check the current exchange rate. You can view historical exchange rates by year on our website, with links to rates from 2025 down to 2016.

Understanding Exchange Rates

Credit: youtube.com, 1 USD to NAD - Convert US Dollars to Namibian Dollars Currency Exchange Rates Today

Economic indicators, such as GDP growth, inflation, and interest rates, can significantly impact the USD to NAD exchange rate.

These indicators can fluctuate frequently, causing the exchange rate to change rapidly.

Elections and trade agreements can also influence the exchange rate, making it essential to stay informed about global events.

Central bank decisions, such as interest rate changes, can have a significant impact on the exchange rate.

Here are some key factors that can affect the exchange rate:

  • Economic indicators: GDP growth, inflation, and interest rates
  • Geopolitical events: elections and trade agreements
  • Central bank decisions: interest rate changes

Conversion Tools

Converting US dollars to Namibian dollars is a straightforward process.

To get started, simply type in the amount you want to convert.

Our currency converter is user-friendly and easy to navigate. You can select USD as the currency you want to convert from and NAD as the currency you want to convert to.

To do this, click on the dropdown menu and select the appropriate options.

Here's a step-by-step guide to help you through the process:

  • 1. Type in the box how much you want to convert.
  • 2. Click on the dropdown to select USD in the first dropdown as the currency that you want to convert and NAD in the second dropdown as the currency you want to convert to.

Our currency converter will then show you the current USD to NAD rate and how it's changed over the past day, week or month.

Stats

Credit: youtube.com, American Dollar to Namibia Currency | how much is 1 American Dollar to Namibian Dollar today?

The stats on the 1 USD to NAD exchange rate are pretty interesting. The 30-day high was 19.1148, which is a significant fluctuation from the 30-day low of 18.4039.

The 30-day average is 18.7234, indicating a slight decline in the exchange rate over the past month. This change is reflected in the -0.27% decline in the USD to NAD exchange rate.

The 90-day high was also 19.1148, with a 90-day low of 17.3054. This shows that the exchange rate has been steadily increasing over the past three months, with a 6.54% change.

Here's a quick summary of the 30-day and 90-day performance:

It's worth noting that the 90-day high and low are more pronounced than the 30-day highs and lows, indicating a greater fluctuation in the exchange rate over a longer period.

James Hoeger-Bergnaum

Senior Assigning Editor

James Hoeger-Bergnaum is an experienced Assigning Editor with a proven track record of delivering high-quality content. With a keen eye for detail and a passion for storytelling, James has curated articles that captivate and inform readers. His expertise spans a wide range of subjects, including in-depth explorations of the New York financial landscape.

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