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Filecoin to Namibian Dollar Converter and calculator

Convert 1Filecoin (FIL) to Namibian Dollar (NAD) equals $ 124.1 | 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 Filecoin(FIL) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 FIL at a value of 1 FIL for 124.10 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 Filecoin currency pair is the FIL to NAD, with for Filecoin's currency code being FIL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

FIL to NAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Filecoin has changed -1.74% to NAD. Based on the trend and price charts, Filecoin(FIL) has changed -1.74% to NAD while Namibian Dollar(NAD) has changed % to FIL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$124.41
0.0001% / 0.0004%vip-iconVIP
Binance
$124.51
0.1000% / 0.1000%
Yes
OKX
$124.48
0.080% / 0.100%
Yes
Huobi
$124.51
0.1000% / 0.1000%
Yes
Gate.io
$124.48
0.1000% / 0.1000%
Yes
Bybit
$124.44
0.1000% / 0.1000%
Yes
KuCoin
$124.36
0.1000% / 0.1000%
Yes
Bitfinex
$124.41
0.1000% / 0.1000%
Yes
Last updated 2024/04/23 13:00:31(UTC+0)

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

Filecoin to Namibian Dollar is rising this week.
Filecoin's current market price is $ 124.1 per FIL, with a total market cap of $ 67,325,960,272.9 NAD based on a circulating supply of 542,519,550 FIL. The trading volume of Filecoin has changed by -18.57% ($ -686,058,856.00 NAD) in the last 24 hours. Last trading day, FIL's trading volume was $ 3,694,785,500.04.
Market cap
$3.50B
24h volume
$156.63M
Circulating supply
542.52M FIL

Conversion tables

The exchange rate of Filecoin is decreasing.
1 FIL is currently valued at $ 124.1 NAD , which means buying 5 FIL will cost $ 620.49 NAD . Similarly, $1 NAD can be traded for 0.008058 FIL, and $50 NAD can be converted to 0.4029 FIL, excluding any platform or gas fees.
The exchange rate of 1 FIL to Namibian Dollar has changed by +8.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.74%, reaching a high of 127.78 NAD and a low of 123.75 NAD . One month ago, the value of 1 FIL was $ 167.93 NAD , which represents a -26.10% change from its current value. Over the last year, Filecoin has changed by
+$
3.59NAD
, resulting in a change of +22.51% in its value.

FIL to NAD

Amount
13:33 today
0.5 FIL
$62.05
1 FIL
$124.1
5 FIL
$620.49
10 FIL
$1,240.99
50 FIL
$6,204.93
100 FIL
$12,409.87
500 FIL
$62,049.34
1000 FIL
$124,098.69

NAD to FIL

Amount13:33 today
0.5NAD0.004029  FIL
1NAD0.008058  FIL
5NAD0.04029  FIL
10NAD0.08058  FIL
50NAD0.4029  FIL
100NAD0.8058  FIL
500NAD4.03  FIL
1000NAD8.06  FIL
share

Today vs. 24 hours ago

Amount13:33 today24 hours ago24h change
0.5 FIL$3.23$3.29
-1.74%
1 FIL$6.46$6.58
-1.74%
5 FIL$32.3$32.88
-1.74%
10 FIL$64.6$65.75
-1.74%
50 FIL$323.02$328.75
-1.74%
100 FIL$646.03$657.5
-1.74%
500 FIL$3,230.17$3,287.51
-1.74%
1000 FIL$6,460.34$6,575.02
-1.74%

Today vs. 1 month ago

Amount13:33 today1 month ago1M change
0.5 FIL$3.23$4.37
-26.10%
1 FIL$6.46$8.74
-26.10%
5 FIL$32.3$43.71
-26.10%
10 FIL$64.6$87.42
-26.10%
50 FIL$323.02$437.1
-26.10%
100 FIL$646.03$874.2
-26.10%
500 FIL$3,230.17$4,371.02
-26.10%
1000 FIL$6,460.34$8,742.05
-26.10%

Today vs. 1 year ago

Amount13:33 today1 year ago1Y change
0.5 FIL$3.23$2.64
+22.51%
1 FIL$6.46$5.27
+22.51%
5 FIL$32.3$26.37
+22.51%
10 FIL$64.6$52.73
+22.51%
50 FIL$323.02$263.67
+22.51%
100 FIL$646.03$527.33
+22.51%
500 FIL$3,230.17$2,636.66
+22.51%
1000 FIL$6,460.34$5,273.31
+22.51%

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.