Namibian Dollar

The Namibian Dollar decreased to 10.48 in April from 10.52 in March of 2014. Namibian Dollar averaged 7.46 from 1990 until 2014, reaching an all time high of 11.61 in January of 2002 and a record low of 2.52 in November of 1990. The USDNAD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the NAD. While the USDNAD spot exchange rate is quoted and exchanged in the same day, the USDNAD forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Namibian Dollar - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
10.48 10.52 11.61 2.52 10.71 | 2014/05 1990 - 2014 Daily

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Namibian Dollar
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Markets Last Previous Highest Lowest Forecast Unit
Currency 10.48 2014-04-18 10.52 11.61 2.52 10.71 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Namibia Inflation Rate at 5.30 Percent  
The inflation rate in Namibia was recorded at 5.30 percent in March of 2014. Inflation Rate in Namibia is reported by the Bank of Namibia.
Namibia Balance of Trade at -4339.96 NAD Million  
Namibia recorded a trade deficit of 4339.96 NAD Million in the fourth quarter of 2013. Balance of Trade in Namibia is reported by the Bank of Namibia.
Namibia Current Account at -1065.90 NAD Million  
Namibia recorded a Current Account deficit of 1065.90 NAD Million in the fourth quarter of 2013. Current Account in Namibia is reported by the Bank of Namibia.
Namibia Changes in Inventories at -3879.00 NAD Million  
Changes in Inventories in Namibia decreased to -3879 NAD Million in 2013 from -1458 NAD Million in 2012. Changes in Inventories in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Consumer Price Index (CPI) at 106.60 Index Points  
Consumer Price Index (CPI) in Namibia increased to 106.60 Index Points in February of 2014 from 105.90 Index Points in January of 2014. Consumer Price Index (CPI) in Namibia is reported by the Bank of Namibia.
Namibia Consumer Spending at 64552.00 NAD Million  
Consumer Spending in Namibia increased to 64552 NAD Million in 2013 from 60764 NAD Million in 2012. Consumer Spending in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Exports at 11530.20 NAD Million  
Exports in Namibia decreased to 11530.20 NAD Million in the fourth quarter of 2013 from 13771.50 NAD Million in the third quarter of 2013. Exports in Namibia is reported by the Bank of Namibia.
Namibia Government Spending at 23877.00 NAD Million  
Government Spending in Namibia increased to 23877 NAD Million in 2013 from 21917 NAD Million in 2012. Government Spending in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Gross Fixed Capital Formation at 27567.00 NAD Million  
Gross Fixed Capital Formation in Namibia increased to 27567 NAD Million in 2013 from 22953 NAD Million in 2012. Gross Fixed Capital Formation in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Gross National Income at 120267.00 NAD Million  
Gross National Product in Namibia increased to 120267 NAD Million in 2013 from 106945 NAD Million in 2012. Gross National Product in Namibia is reported by the Central Bureau of Statistics, Namibia.
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