Informanté has published an article dated 15 February 2012 which states that the notes will be issued “right after Independence Day (21 March).”
According to a media release by Bank of Namibia issued on 24 February 2012, the new set of notes (N$ 10, 20, 50, 100, 200) will be presented to the public for the very first time on Independence Day (21 March 2012), but will not be issued until May, giving the bank time to launch an information campaign.
Judging from the large number of virtually uncirculated N$ 10, 50, 100 and 200 notes in circulation now, It appears there are still a large number of “old type” notes in stock, which the bank is trying to use up. However, the “old style” N$ 20 has virtually disappeared from circulation, and those that are in use are usually torn and dirty. Note that all notes currently in circulation still carry the signature of the previous governor, Tom Alweendo. Notes with the signature of the current governor were never issued.
Courtesy of Jay Mollindo and Heinrich Lindner.