The Namibian Dollar is the official currency and is fixed to and equals the
South African Rand. Both these currencies can be used freely in Namibia, but the Namibian Dollar is not legal tender in South Africa. Traveler's checks and credit cards are also accepted throughout the country, though obviously not in every case. It's best to travel with multiple payment options just in case.
Currency Exchange: Traveler's checks can be exchanged during normal banking hours at any of the commercial banks, or at bureau de change offices. Better exchange rates can be obtained on traveler's checks than on cash. To avoid additional exchange rate charges, travelers are advised to take traveler's checks in US Dollars or South African Rand.
Credit / Debit Card: American Express, Diners Club, MasterCard and Visa are accepted. Check with your credit or debit card company for details of merchant acceptability and other services, which may be available. Please note, service stations do not accept credit for petrol. Plan accordingly.
Currency Restrictions: The import and export of local currency is limited to NAD 50,000. The import of foreign currency by visitors is unlimited, provided it is declared upon arrival. Export of foreign currency is unlimited up to the amount imported and declared as long as the departure is within 12 months. No limits exist for travel between Botswana, Lesotho, Namibia, South Africa and Swaziland as these countries are members of the same common monetary area.
Banking Hours: Mon-Fri 09:00-15:30, Sat 09:00-11:00.
Tax and Customs: General Sales Tax (GST) in Namibia is 15% on goods and services. Bona fide tourists to Namibia are exempt from paying sales duty or excise duty on luxury items. Visitors may reclaim VAT at Hosea Kutako International Airport, Eros Airport and Walvis Bay Airport.