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Namibia : Money

Prepare your travel to Namibia

I. Currency in Namibia
II. Exchange rate in Namibia
III. Budget and cost of living in Namibia
IV. Economy of Namibia


I. Currency of Namibia

Coin : 1, 2, 5, 10, 25, 5o Nc and 1, 2, 5 N$.
Banknote : 10, 20, 50, 100 N$.

banknote namibian Coin Namibian

The currency is the Namibian Dollar.
It is divided into Namibian cents (N$ 1 = Nc 100).

South African Rand is accepted everywhere in Namibia for the same value.


II. Exchange rate in Namibia

€ 1 = N $ 10.557, or 1N $ = € 0.0947.
Currency Converter


III. Budget and Cost of Living (2007 prices)

Gasoline Price: N$ 6.7 approx € 0.67
Cigarettes Price: N$ 17 approx € 1.7
Restaurant Price: approx € 7
Price Bar (beer 75 cl): approx € 0.9

Price Hosting :
» Camping Price: between 5 and 8 €
» Price Lodge / Guesthouse: between 15 and 30 €
» Luxe Awards: more than € 40

Price of Food:
» Meat 1kg Price: approx € 3
» Canned Price: approx € 0.9
» Price 5L of water: approx € 2
» Cakes Price: approx € 0.6
» Beer x6 Price: approx € 3.7
» Wine Red 5L Price: approx € 10
» Pasta 1kg Price: approx € 1.3
» Sweet 7kg Price: approx € 3


IV. Economy of Namibia

GDP: $ 6.3 billion
Per capita income: $ 2370
GDP growth: 3.5%
Main clients: South Africa (25%), Britain (15%) USA (11%) , Angola (13.8%)
Top Suppliers: AFS (85%), Britain (2.6%), Germany (1.9%), Spain (2%), France and China (1.2%)
Main sectors in GDP:
-Agriculture: 10.6%.
-Industry: 30.8%.
Services: 58.6%.
Unemployment Rate: 35%
HDI: 125th

For more information on ECOM of Namibia, you can consult the following article: Wikipedia: Economy of Namibia .


Source : 2008



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