The Common Monetary Area (CMA) is a monetary union consisting of Namibia, South Africa, Lesotho and Swaziland. Free movement of capital is allowed within the area, and a common exchange control regime is maintained with the rest of the world. The currencies of Namibia, Lesotho and Swaziland are pegged to the South African Rand on a one-to-one basis.
Namibia Embassy Berlin -
