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Cardano to Namibian Dollar Converter and calculator

Convert 1Cardano (ADA) to Namibian Dollar (NAD) equals $ 9.66 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Cardano(ADA) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 ADA at a value of 1 ADA for 9.66 NAD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NAD information

About Namibian Dollar (NAD)

The Namibian Dollar (NAD), introduced in 1993, symbolizes more than just the monetary unit of Namibia; it represents the country's journey towards economic independence and stability. It is commonly abbreviated as NAD and represented by the symbol N$. Replacing the South African Rand, which is still legal tender in Namibia, the Namibian Dollar marked a significant step in post-apartheid Namibia's development.

Historical Background

The introduction of the Namibian Dollar was a pivotal move in Namibia’s journey following its independence from South African rule in 1990. The new currency was a symbol of national sovereignty, crucial in fostering a distinct national identity and independent economic policy.

Design and Symbolism

The design of the Namibian Dollar reflects the country’s rich natural heritage, cultural diversity, and history. Banknotes feature images of prominent national figures, indigenous wildlife, and significant landmarks that celebrate Namibia's unique identity. These designs not only serve a practical purpose but also act as emblems of national pride and heritage.

Economic Role

The Namibian Dollar plays a central role in the nation’s economy, which is bolstered by mining, agriculture, and tourism. As the primary medium of exchange, it supports these sectors, enabling trade and investment, and is essential for the country’s financial stability and growth.

Monetary Policy and Stability

Managed by the Bank of Namibia, the Namibian Dollar is pegged to the South African Rand, reflecting the close economic ties between the two countries. This peg provides a measure of stability for the Namibian Dollar, but it also means that its value is closely tied to that of the Rand. The bank's policies aim to stabilize the currency and control inflation, crucial for maintaining economic confidence.

International Trade and the Namibian Dollar

In international trade, the value of the Namibian Dollar is crucial, especially for Namibia's exports, such as diamonds, uranium, and beef. A stable and competitive exchange rate is vital for maintaining export competitiveness and attracting foreign investment.

Remittances and Economic Impact

Remittances from Namibians working abroad, particularly in South Africa and other countries, are a significant source of foreign income. These remittances, converted into Namibian Dollars, play a substantial role in supporting households and contributing to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Cardano currency pair is the ADA to NAD, with for Cardano's currency code being ADA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

ADA to NAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Cardano has changed +5.02% to NAD. Based on the trend and price charts, Cardano(ADA) has changed +5.02% to NAD while Namibian Dollar(NAD) has changed % to ADA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$9.64
0.0001% / 0.0004%vip-iconVIP
Binance
$9.63
0.1000% / 0.1000%
Yes
Coinbase Exchange
$9.64
0.1000% / 0.1000%
Yes
Kraken
$9.64
0.1000% / 0.1000%
Yes
OKX
$9.64
0.080% / 0.100%
Yes
Huobi
$9.64
0.1000% / 0.1000%
Yes
Gate.io
$9.64
0.1000% / 0.1000%
Yes
Bybit
$9.64
0.1000% / 0.1000%
Yes
KuCoin
$9.63
0.1000% / 0.1000%
Yes
Bitfinex
$9.65
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 11:00:36(UTC+0)

What factors influence the conversion rate of Cardano to Namibian Dollar?

Cardano to Namibian Dollar is rising this week.
Cardano's current market price is $ 9.66 per ADA, with a total market cap of $ 343,964,277,407.79 NAD based on a circulating supply of 35,624,630,000 ADA. The trading volume of Cardano has changed by -24.11% ($ -2,526,001,505.11 NAD) in the last 24 hours. Last trading day, ADA's trading volume was $ 10,477,290,942.11.
Market cap
$17.94B
24h volume
$414.72M
Circulating supply
35.62B ADA

Conversion tables

The exchange rate of Cardano is decreasing.
1 ADA is currently valued at $ 9.66 NAD , which means buying 5 ADA will cost $ 48.28 NAD . Similarly, $1 NAD can be traded for 0.1036 ADA, and $50 NAD can be converted to 5.18 ADA, excluding any platform or gas fees.
The exchange rate of 1 ADA to Namibian Dollar has changed by +9.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.02%, reaching a high of 9.82 NAD and a low of 9.15 NAD . One month ago, the value of 1 ADA was $ 11.97 NAD , which represents a -19.35% change from its current value. Over the last year, Cardano has changed by
+$
2.2NAD
, resulting in a change of +29.49% in its value.

ADA to NAD

Amount
11:40 am today
0.5 ADA
$4.83
1 ADA
$9.66
5 ADA
$48.28
10 ADA
$96.55
50 ADA
$482.76
100 ADA
$965.52
500 ADA
$4,827.62
1000 ADA
$9,655.24

NAD to ADA

Amount11:40 am today
0.5NAD0.05179  ADA
1NAD0.1036  ADA
5NAD0.5179  ADA
10NAD1.04  ADA
50NAD5.18  ADA
100NAD10.36  ADA
500NAD51.79  ADA
1000NAD103.57  ADA
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Today vs. 24 hours ago

Amount11:40 am today24 hours ago24h change
0.5 ADA$0.2518$0.2398
+5.02%
1 ADA$0.5036$0.4795
+5.02%
5 ADA$2.52$2.4
+5.02%
10 ADA$5.04$4.8
+5.02%
50 ADA$25.18$23.98
+5.02%
100 ADA$50.36$47.95
+5.02%
500 ADA$251.8$239.75
+5.02%
1000 ADA$503.6$479.51
+5.02%

Today vs. 1 month ago

Amount11:40 am today1 month ago1M change
0.5 ADA$0.2518$0.3122
-19.35%
1 ADA$0.5036$0.6245
-19.35%
5 ADA$2.52$3.12
-19.35%
10 ADA$5.04$6.24
-19.35%
50 ADA$25.18$31.22
-19.35%
100 ADA$50.36$62.45
-19.35%
500 ADA$251.8$312.23
-19.35%
1000 ADA$503.6$624.46
-19.35%

Today vs. 1 year ago

Amount11:40 am today1 year ago1Y change
0.5 ADA$0.2518$0.1945
+29.49%
1 ADA$0.5036$0.3889
+29.49%
5 ADA$2.52$1.94
+29.49%
10 ADA$5.04$3.89
+29.49%
50 ADA$25.18$19.45
+29.49%
100 ADA$50.36$38.89
+29.49%
500 ADA$251.8$194.46
+29.49%
1000 ADA$503.6$388.91
+29.49%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.