The NAD/EUR pair shows how many Euros one Namibian Dollar buys, used by tourists, importers, and investors exposed to Namibia and the Eurozone.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Days without a quotation are not interpolated: the series keeps only observations that were actually received.
Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.
Couverture du au , en UTC.
| Date UTC | Rate | Change | Nature |
|---|---|---|---|
| 0,05283271 | +0.50% | Market | |
| 0,05257138 | -2.87% | Market | |
| 0,05412215 | +3.39% | Market | |
| 0,05234607 | -0.53% | Market | |
| 0,05262523 | +0.66% | Market | |
| 0,05228117 | — | Market |
The NAD/EUR currency pair represents the exchange rate between the Namibian Dollar (NAD), the official currency of Namibia, and the Euro (EUR), the common currency of the Eurozone. This directed pair indicates how many Euros are required to purchase one Namibian Dollar. It is primarily used by Namibian importers paying for European goods, European tourists visiting Namibia, and investors with cross-border exposure. An appreciation of the Namibian Dollar against the Euro means that one NAD buys more EUR, making European imports cheaper for Namibians but reducing the value of Euro-denominated investments held by Namibian entities.
Structural drivers of the NAD/EUR rate include the monetary policies of the Bank of Namibia and the European Central Bank. The Namibian Dollar is pegged to the South African Rand, so its value is heavily influenced by South African economic conditions, including interest rates, inflation, and commodity prices (especially diamonds, uranium, and gold). The Eurozone's monetary stance, inflation differentials, and economic growth relative to South Africa also play key roles. Capital flows, trade balances, tourism receipts, and global risk sentiment further affect the pair. Namibia's reliance on mineral exports and its small open economy make it sensitive to global commodity cycles and shifts in investor appetite for emerging-market currencies.
Over the past several years, the NAD/EUR rate has been shaped by the interplay between the Eurozone's monetary tightening cycles and the South African economic challenges that affect the Rand peg. Periods of Euro strength have often coincided with higher European interest rates or geopolitical stability, while Namibian Dollar weakness has typically emerged during South African political uncertainty or commodity price declines. The pair has experienced notable volatility during global crises, such as the pandemic, but has generally trended within a broad range reflecting the structural link to the Rand. Future movements will depend on relative monetary policy paths, commodity demand, and the stability of South Africa's economy.
This analysis is provided for information only and is neither a forecast nor financial advice.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Displayed source: api.forex. Indicative values are used only as a visual fallback.