Namibia Reserve Bank

From Wikipedia, the free encyclopedia

The Namibia Reserve Bank (or Namibie Reserwebank in Afrikaans) was the proposed name of Namibia's central bank upon Namibia's independence within the Commonwealth of Nations in March 1990. Moves were under way during 1990 to replace the South African rand with a proposed currency called the kalahar. Eventually, the plans came to nothing, so the Bank of Namibia was opened in 1993, and the Namibian dollar was adopted.