EUR 100 = NAD 1937.105
Convert1 EUR = 19.37105 NAD | 1 NAD = 0.05162 EUR
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
EUR to NAD Exchange Rate Chart
1 EUR = 19.37105 NAD
The exchange value of 100 EUR in Namibian Dollar is 1937.105 NAD as on Feb 14.
You can check the exchange rate of 100 Euro to Namibian Dollar by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 100 EUR to NAD online is as follows:.
There are several online ways to convert EUR to NAD.
Most banks in India allow EUR to NAD conversion through their internet banking or mobile apps.
Pros:
Cons:
Apps like Wise, PayPal, and Western Union allow EUR to NAD conversion quickly.
Pros:
Cons:
A Forex card is a prepaid card that holds multiple currencies, including EUR.
Pros:
Cons:
Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
Pros:
Cons:
There are several offline methods to exchange EUR to NAD. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your EUR cash and exchange it for NAD.
Pros:
Cons:
Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline EUR to NAD conversion.
Pros:
Cons:
Airports have forex counters where travelers can exchange EUR to NAD.
Pros:
Cons:
Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange EUR to NAD at a Hotel or Travel Agency:
Pros:
Cons:
In busy markets and tourist spots, you may find local money changers who exchange EUR for NAD
Pros:
Cons:
Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
---|---|---|---|---|
Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Euro (EUR) to Namibian Dollar (NAD) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
EUR is a strong and widely traded currency. If the exchange rate is favorable, converting EUR to NAD can give you more value for your money.
Since 1 EUR equals a significantly higher amount in NAD, converting EUR to NAD increases your purchasing power, allowing you to afford more goods and services in Namibia.
If you‘re an NRI, tourist, or returning from the Euro Member Countries, converting EUR to NAD ensures you have local currency for daily expenses, shopping, and travel within Namibia.
Converting EUR to NAD can help you invest in Namibia assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Euro Member Countries markets.
Using a direct EUR to NAD conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting EUR to NAD at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of EUR to NAD exchange.
Source of the rates:apilayer.com