100 Namibia Dollars

Namibia's currency has been issued by the Bank of Namibia since independence in 1990, initially at parity with the South African Rand — a peg that remains in force today under the Common Monetary Area agreement. The 2025 issue of P#23 updates a long-running series; Oberthur has held the Namibian printing contract for much of the country's note-issuing history, a relationship that has produced consistent but unremarkable security specifications across successive editions.

For a 2025-dated note, the security package — watermark and thread only — is notably sparse by current international standards.