NAD/USD
Market Open
14 Jun, 21:00
$
0. 062159
+0.001501
+2.4737%
$
1 Volume
$ 0.060659
Previous Close Want to track NADUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
NADUSD Overview
NADUSD denotes the exchange rate between the Namibian dollar and the United States dollar, indicating how many US dollars are required to purchase one unit of Namibia’s currency. It reflects the relative value of the Namibian currency against the world’s primary reserve currency and is quoted in foreign-exchange markets.
The Namibian dollar (NAD) is the official currency of Namibia in southern Africa and circulates alongside the South African rand in certain contexts. Banknotes and monetary policy for the NAD are administered by the Bank of Namibia, which oversees currency issuance, stability, and domestic liquidity conditions.
The United States dollar (USD) is the official currency of the United States and functions as the dominant global reserve and settlement currency. The Federal Reserve System sets US monetary policy, issues notes, and influences dollar liquidity and interest rate conditions that affect global capital flows.
Movements in the NADUSD rate are driven by market supply and demand, relative interest rate differentials, inflation expectations, and actions by the Bank of Namibia and the Federal Reserve. Macroeconomic data releases, commodity prices, and geopolitical events also exert material influence.
Market participants monitor NADUSD for trade settlement, currency risk management, and speculative strategies, as shifts in the rate can affect import/export costs, corporate margins, and investment returns.
The Namibian dollar (NAD) is the official currency of Namibia in southern Africa and circulates alongside the South African rand in certain contexts. Banknotes and monetary policy for the NAD are administered by the Bank of Namibia, which oversees currency issuance, stability, and domestic liquidity conditions.
The United States dollar (USD) is the official currency of the United States and functions as the dominant global reserve and settlement currency. The Federal Reserve System sets US monetary policy, issues notes, and influences dollar liquidity and interest rate conditions that affect global capital flows.
Movements in the NADUSD rate are driven by market supply and demand, relative interest rate differentials, inflation expectations, and actions by the Bank of Namibia and the Federal Reserve. Macroeconomic data releases, commodity prices, and geopolitical events also exert material influence.
Market participants monitor NADUSD for trade settlement, currency risk management, and speculative strategies, as shifts in the rate can affect import/export costs, corporate margins, and investment returns.
NADUSD Chart
NADUSD FAQ
What is the current NAD/USD price?
The current rate is $0.062159, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the NAD/USD rate changed today?
The rate has changed by +0.001501 (+2.4737%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was $0.060659, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is NAD/USD moving up or down?
Movements in NAD/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+2.4737%) is based on the difference between the current rate and the previous closing rate.
Is NAD/USD trending up or down right now?
If the current rate ($0.062159) is above the previous close ($0.060659), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for NAD/USD directly on this page.
