The Bank of Namibia does not generally use any of the instruments described above in the con-ventional sense to achieve its objectives of monetary and financial stability. Rather, by pegging the Namibian currency to the South African rand on a one-to-one basis, the objective of monetary sta-bility is achieved. N$ can also be changed to Rand without commission in Namibia, but the same transaction in South Africa will attract a fairly hefty commission (about 25%). If you are wishing to purchase currency before arriving in Namibia it is easiest to buy Rand as the Namibian Dollar is seldom available in banks outside of Namibia. Namibia has long had a reputation for being a stable, democratic and mineral-rich nation. But Melber points out that the situation today is the result of events and actions taken over recent years. Namibia population density. Namibia population density is 3.3 people per square kilometer (8.5/mi 2) as of January 2020. Density of population is calculated as permanently settled population of Namibia divided by total area of the country. Total area is the sum of land and water areas within international boundaries and coastlines of Namibia.