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Easily convert NAD to IQD with ConvertOnline's efficient tool.
The Namibian Dollar (NAD) is the official currency of Namibia, adopted in 1993 to replace the South African Rand at par. It is subdivided into 100 cents and is used primarily for domestic transactions, although the South African Rand is also accepted due to historical ties. The Namibian Dollar plays a crucial role in the economy by facilitating trade, investment, and everyday consumer transactions.
The Iraqi Dinar (IQD) is the official currency of Iraq, used for all forms of monetary transactions within the country. It is subdivided into 1,000 fils and is issued by the Central Bank of Iraq, which manages the country's monetary policy and regulates the currency's supply.