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Namibian dollar (NAD) exchange rate today — official vs market

Namibia · Namibian dollar (NAD). Official rate as of Sep 22, 2026 · Market data fetched Sep 23, 4:20 AM GMT. All rates = units of local currency per 1 US dollar.

Official (per $1)16.2418reference · ECB reference rates (via Frankfurter API)
Market (per $1)17.5parallel · Bybit P2P
Premium vs official+7.75%Market vs official (positive = market weaker)
CoveragepeggedPegged 1:1 to the South African rand (CMA); rates mirror USD/ZAR
Central bank policy rate6.75%Repo rate · Bank of Namibia · effective 2026-08-11 · source

Premium history

Cannot compute a premium history — both an official/reference and a market leg are required on the same observed day (no interpolation).

Context

The Namibian dollar currently trades at a premium of +7.75% — the 6th widest gap of the 54 African currencies we track. That places it in the friction band (2–10%), where spreads often reflect liquidity, fees, or access costs rather than acute scarcity.

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