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The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all forms of monetary transactions within the country. It is subdivided into 100 halalas, and the currency is symbolized by 'ر.س' in Arabic and 'SR' in Latin script. The Saudi Riyal is pegged to the US dollar, which provides stability in international trade and investment.
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.