Namibian dollar
342430
221885261
2008-06-26T15:00:27Z
이형주
7198237
/* Coins */
{{Infobox Currency
| image_1 = Coins NAD 2005.jpg
| image_title_1 = 10, 50 cents, N$1, N$5
| iso_code = NAD
| using_countries = {{NAM}}
| inflation_rate = 6.7%
| inflation_source_date = ''[https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook]'', 2007 est.
| pegged_with = [[South African rand]] at par
| subunit_ratio_1 = 1/100
| subunit_name_1 = [[Cent (currency)|cent]]
| symbol = N[[Dollar sign|$]]
| used_coins = 5, 10, 50 cents, $1, $5
| used_banknotes = $10, $20, $50, $100, $200
| banknote_article = Banknotes of the Namibian dollar
| issuing_authority = [[Bank of Namibia]]
| issuing_authority_website = www.bon.com.na
}}
The '''dollar''' ([[currency code]] ''NAD'') has been the [[currency]] of [[Namibia]] since [[1993]]. It is normally abbreviated with the [[dollar sign]] '''$''', or alternatively '''N$''' to distinguish it from other [[dollar]]-denominated currencies. It is divided into 100 [[cent (currency)|cent]]s.
''For earlier Namibian currency, see [[German South West African mark]].''
==History==
The dollar replaced the [[South African rand]], which had been the country's currency while it was under [[South Africa]]n rule as [[South-West Africa]] [[1920]]-[[1990]]. The rand is still [[legal tender]], as the Namibian dollar is linked to the South African rand and can be exchanged on a one-to-one basis locally. Namibia was also part of the [[Common Monetary Area]] from independence in 1990 until introduction of the dollar in [[1993]].
In 1990, moves were under way to replace the rand with a new [[Namibia]]n currency. The name [[kalahar]] was proposed, as the [[Kalahari Desert]] is located in eastern Namibia. The name of Namibia's central bank was going to be known as the [[Namibia Reserve Bank]]. Denominations of this planned currency included 2, 5, 10, and 20 kalahar. (Note: There were two different designs for the 20 kalahar specimen notes.) However, these plans came to nothing, but some specimen notes were printed in a range of denominations. {{Fact|date=February 2007}}
The [[Bank of Namibia]] issued the first banknotes on [[15 September]] [[1993]], and during December of that year, also issued the first national coins.
==Coins==
{|align="right" cellspacing="0" cellpadding="0"
|<!-- Deleted image removed: [[Image:Namibian10.JPG|thumb|Ten-cent coin]] -->
|}
[[Coin]]s in circulation
*5 cents
*10 cents
*50 cents
*$1
*$5
Years of mintage are [[1993]], [[1996]], [[1998]], [[2000]] and [[2002]]. The cent coins are made of [[nickel]] [[plated]] [[steel]] and the dollar coins of [[brass]]
==Banknotes==
[[Image:Billet namibien.jpg|thumb|10 dollars.]]
[[Banknote]]s in circulation
*$10
*$20
*$50
*$100
*$200
==Dollar or mark?==
[[Image:Münze-Namibia-10 Mark-1990-Probe-verso.png|thumb|10 marks essai (verso)]]
During the planning phase of the introduction of a new national currency replacing the South African rand, the newly founded [[Bank of Namibia]] minted a proof series of coins denominated in [[dollar]]s as well as in [[Mark (money)|mark]]s, for the consideration of the Namibian [[Finance minister|Ministry of Finance]]. The decision then fell in favour of the name ‘dollar’ for the new currency.
The proof series consisted of four different [[coin]]s: 1 mark, 1 dollar (both in [[copper]]/[[nickel]]), 10 marks and 10 dollars (both in [[silver]]). The recto of the mark pieces shows a sitting [[lion]] where the dollar pieces depict a [[Bushmen|Bushman]] with [[bow (weapon)|bow]] and [[arrow]]. All recto sides bear the indication of denomination as well as the remark ‘PROBE’/‘ESSAI’ (proof). The verso of the 1-mark/1-dollar pieces shows Namibia’s former [[Coat of arms of Namibia|coat of arms]] surrounded by the inscription ‘NAMIBIA’, the year ([[1990]]) and two ears of corn. The ten-mark/ten-dollar pieces bear the inscription ‘INDEPENDENCE’/‘UNABHÄNGIGKEIT’ ([[German language|G.]] ‘independence’) instead of the ears.
There was also a series of Namibian pattern coins denominated in Rand dated 1990.
These pattern coins are listed in the 2005 edition of Krause's 'Unusual World Coins'.
{{Exchange Rate|NAD}}
==See also==
* [[Economy of Namibia]]
==External links==
{{Standard numismatics external links
| world_coin_gallery_1_url = Namibia
| world_coin_gallery_1_name = Namibia
| banknote_world_1_url = namibia
| banknote_world_1_name = Namibia
| dollarization_1_url = na
| dollarization_1_name = Namibia
| gfd_1_url = Namibia
| gfd_1_name = Namibia
| gfd_data_1_url =
| gfd_data_1_name =
| show_gfd_excel = Y
}}
{{n-start}}
{{n-before|currency=[[South African rand]]|ratio=at par|reason=independence}}
{{n-currency|location=[[Namibia]]|start=[[1993]]|concurrent=[[South African rand]]}}
{{n-after}}
{{n-end}}
{{dollar}}
{{Currencies of Africa}}
[[Category:Economy of Namibia]]
[[af:Namibiese Dollar]]
[[ca:Dòlar namibià]]
[[cs:Namibijský dolar]]
[[de:Namibia-Dollar]]
[[fr:Dollar namibien]]
[[ko:나미비아 달러]]
[[bpy:নামিবিয়ান ডলার]]
[[it:Dollaro namibiano]]
[[he:דולר נמיבי]]
[[hu:Namíbiai dollár]]
[[mn:Намибийн доллар]]
[[nl:Namibische dollar]]
[[ja:ナミビア・ドル]]
[[pl:Dolar namibijski]]
[[pt:Dólar Namibiano]]
[[ru:Намибийский доллар]]
[[sr:Намибијски долар]]
[[fi:Namibian dollari]]
[[sv:Namibisk dollar]]
[[tg:Доллари Намибия]]