Namibian Dollar definition

Namibian Dollar means the official currency of the Republic of Namibia;
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Namibian Dollar. The basic unit of money (currency) in Namibia.
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Examples of Namibian Dollar in a sentence

  • Figures in the report are rounded off to the nearest Namibian Dollar.

  • The functional currency of the company is the Namibian Dollar (N$).

  • Ltd, the Group’s major activity is now in Namibia, bringing exposure to the exchange rate fluctuations of GBP/£ Sterling with the Namibian Dollar and South African Rand, the currencies in which most of the operating costs are denominated.

  • All cost must be shown in Namibian Dollar, exclusive of Namibian Vat.

  • The group operates internationally and is exposed to foreign exchange risk arising from currency exposures to the Namibian Dollar (NAD).

  • Furthermore, Pound Sterling (£) is the functional currency of the ultimate holding company, AfriTin Mining Limited.The Group’s key subsidiaries, AfriTin Namibia and UTMC, use the Namibian Dollar (N$) as their functional currency.

  • The depreciation of the Namibian Dollar against the US Dollar negates any drop in international crude oil prices and renders imports more expensive.In terms of consumption, Namibia’s energy sector is dominated by liquid fuels, which accounted for some 58% of all energy consumed in Namibia in 2014.

  • In the light of SA's strong economic role, the exchange rate of the Rand/ Namibian Dollar and consequently Namibia's inflation rate is determined by the economic development and inflation in SA.GDP at market prices expanded by 4.9% on average during 2002-2006, exceeding the target rate of 4.3% set in NDP2.

  • Local bidders will be paid in fixed Namibian dollar or Namibian Dollar adjusted to the fluctuation in the rate exchange at the time of delivery.

  • Foreign currency translation adjustments relate mainly to the impact of the depreciation of the Namibian Dollar against the Euro.

Related to Namibian Dollar

  • Australian Dollar means the lawful currency of Australia.

  • Canadian Dollar means the lawful currency of Canada.

  • Australian Dollars means the lawful currency of Australia.

  • Canadian Dollars means the lawful currency of Canada.

  • Hong Kong Dollar or “HK$” or “HKD” means the lawful currency for the time being and from time to time of Hong Kong.

  • Pounds Sterling means the lawful currency of the United Kingdom.

  • Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • British Pounds Sterling means the lawful currency of the United Kingdom.

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Index Currency means USD.

  • Agreed Foreign Currency means, at any time, (i) any of Canadian Dollars, English Pounds Sterling, Euros, Japanese Yen, Australian Dollars, Swiss Franc, Swedish Krona and New Zealand Dollars, and (ii) with the agreement of each Multicurrency Lender, any other Foreign Currency, so long as, in respect of any such specified Foreign Currency or other Foreign Currency, at such time (a) such Foreign Currency is dealt with in the London interbank deposit market, (b) such Foreign Currency is freely transferable and convertible into Dollars in the London foreign exchange market or the relevant local market, if applicable, and (c) no central bank or other governmental authorization in the country of issue of such Foreign Currency (including, in the case of the Euro, any authorization by the European Central Bank) is required to permit use of such Foreign Currency by any Multicurrency Lender for making any Loan hereunder and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon, unless such authorization has been obtained and is in full force and effect.

  • Euro-Dollar Rate means a rate of interest determined pursuant to Section 2.07 on the basis of an Adjusted London Interbank Offered Rate.

  • Japanese Yen means the lawful currency of Japan.

  • Hong Kong Dollars means the lawful currency of Hong Kong.

  • Yen and “¥” mean the lawful currency of Japan.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Swiss Francs means the lawful currency of Switzerland.

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

  • Pound Sterling the lawful currency of the United Kingdom.

  • Euro and “€” mean the single currency of the Participating Member States.

  • U.S. Dollar or “$” means the lawful currency of the United States of America.

  • Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate generation of units and to verify transfer of units from one person to another.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.