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base info EGO

EGO to Namibian Dollar Converter and calculator

Convert 1EGO (EGO) to Namibian Dollar (NAD) equals $ 0.7687 | 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 EGO(EGO) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 EGO at a value of 1 EGO for 0.77 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 EGO currency pair is the EGO to NAD, with for EGO's currency code being EGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

EGO to NAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, EGO has changed +4.17% to NAD. Based on the trend and price charts, EGO(EGO) has changed +4.17% to NAD while Namibian Dollar(NAD) has changed % to EGO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.7713
0.0001% / 0.0004%vip-iconVIP
Bybit
$0.7674
0.1000% / 0.1000%
Yes
KuCoin
$0.7684
0.1000% / 0.1000%
Yes
Last updated 2024/05/28 10:00:18(UTC+0)

How to buy EGO

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Buy EGO (EGO)
Use a variety of payment options to buy EGO on Bitget. We'll show you how.

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

EGO to Namibian Dollar is rising this week.
EGO's current market price is $ 0.7687 per EGO, with a total market cap of $ 43,512,559.63 NAD based on a circulating supply of 56,608,820 EGO. The trading volume of EGO has changed by +3.01% ($ 783,390.34 NAD) in the last 24 hours. Last trading day, EGO's trading volume was $ 26,021,070.14.
Market cap
$2.37M
24h volume
$1.46M
Circulating supply
56.61M EGO

Conversion tables

The exchange rate of EGO is decreasing.
1 EGO is currently valued at $ 0.7687 NAD , which means buying 5 EGO will cost $ 3.84 NAD . Similarly, $1 NAD can be traded for 1.3 EGO, and $50 NAD can be converted to 65.05 EGO, excluding any platform or gas fees.
The exchange rate of 1 EGO to Namibian Dollar has changed by +2.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.17%, reaching a high of 0.7695 NAD and a low of 0.7179 NAD . One month ago, the value of 1 EGO was $ 0.8533 NAD , which represents a -9.92% change from its current value. Over the last year, EGO has changed by
+$
0.7689NAD
, resulting in a change of --% in its value.

EGO to NAD

Amount
10:04 am today
0.5 EGO
$0.3843
1 EGO
$0.7687
5 EGO
$3.84
10 EGO
$7.69
50 EGO
$38.43
100 EGO
$76.87
500 EGO
$384.33
1000 EGO
$768.65

NAD to EGO

Amount10:04 am today
0.5NAD0.6505  EGO
1NAD1.3  EGO
5NAD6.5  EGO
10NAD13.01  EGO
50NAD65.05  EGO
100NAD130.1  EGO
500NAD650.49  EGO
1000NAD1,300.98  EGO
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Today vs. 24 hours ago

Amount10:04 am today24 hours ago24h change
0.5 EGO$0.02093$0.02009
+4.17%
1 EGO$0.04186$0.04018
+4.17%
5 EGO$0.2093$0.2009
+4.17%
10 EGO$0.4186$0.4018
+4.17%
50 EGO$2.09$2.01
+4.17%
100 EGO$4.19$4.02
+4.17%
500 EGO$20.93$20.09
+4.17%
1000 EGO$41.86$40.18
+4.17%

Today vs. 1 month ago

Amount10:04 am today1 month ago1M change
0.5 EGO$0.02093$0.02323
-9.92%
1 EGO$0.04186$0.04647
-9.92%
5 EGO$0.2093$0.2323
-9.92%
10 EGO$0.4186$0.4647
-9.92%
50 EGO$2.09$2.32
-9.92%
100 EGO$4.19$4.65
-9.92%
500 EGO$20.93$23.23
-9.92%
1000 EGO$41.86$46.47
-9.92%
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Today vs. 1 year ago

Amount10:04 am today1 year ago1Y change
0.5 EGO$0.02093$-0.{5}5998
--
1 EGO$0.04186$-0.{4}1200
--
5 EGO$0.2093$-0.{4}5998
--
10 EGO$0.4186$-0.0001200
--
50 EGO$2.09$-0.0005998
--
100 EGO$4.19$-0.001200
--
500 EGO$20.93$-0.005998
--
1000 EGO$41.86$-0.01200
--

EGO price prediction

What will the price of EGO be in 2025?

Based on EGO's historical price performance prediction model, the price of EGO is projected to reach $0.04474 in 2025.

What will the price of EGO be in 2030?

In 2030, the EGO price is expected to rise by -6.00%. By the end of 2030, the EGO price is projected to reach $0.07390, with a cumulative ROI of +76.55%.
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