Meet the Next Generation of the Namibia Dollar

The Bank of Namibia has officially launched its upgraded Namibia dollar (N$) banknote series alongside a fully redesigned new Namibian coinage series, under the theme ‘Our Currency, Our Heritage, Our Pride – Meet the Next Generation of the Namibia Dollar’.

According to the Bank the new series, unveiled at a special ceremony presided over by Namibian President Dr Netumbo Nandi-Ndaitwah, celebrates both continuity and innovation in the evolution of Namibian currency, and the aim of its introduction is to modernise Namibia’s currency in line with international standards, while reinforcing the country’s national identity and purpose.

The second-generation coinage series is the first complete redesign since the Namibia dollar’s introduction in 1993. The coins are lighter, smaller, and more durable than their predecessors and, instead of depicting Namibia’s fauna and flora, the new coins now symbolically represent the five key sectors that anchor Namibia’s economy (namely agriculture, manufacturing, tourism, retail and mining). In addition to the N$5, N$1, 50 and 10 cent coins, a new 20 cent is being introduced.