Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info First Digital USD

First Digital USD to Namibian Dollar Converter and calculator

Convert 1First Digital USD (FDUSD) to Namibian Dollar (NAD) equals $ 19.06 | Bitget

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.

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

FDUSD to NAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, First Digital USD has changed +0.14% to NAD. Based on the trend and price charts, First Digital USD(FDUSD) has changed +0.14% to NAD while Namibian Dollar(NAD) has changed % to FDUSD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$19.06
0.0001% / 0.0004%vip-iconVIP
Binance
$19.08
0.1000% / 0.1000%
Yes
Gate.io
$19.08
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 02:00:22(UTC+0)

What factors influence the conversion rate of First Digital USD to Namibian Dollar?

First Digital USD to Namibian Dollar is falling this week.
First Digital USD's current market price is $ 19.06 per FDUSD, with a total market cap of $ 70,023,098,956.73 NAD based on a circulating supply of 3,673,766,700 FDUSD. The trading volume of First Digital USD has changed by -18.65% ($ -37,014,784,602.84 NAD) in the last 24 hours. Last trading day, FDUSD's trading volume was $ 198,498,367,616.1.
Market cap
$3.67B
24h volume
$8.46B
Circulating supply
3.67B FDUSD

Conversion tables

The exchange rate of First Digital USD is increasing.
1 FDUSD is currently valued at $ 19.06 NAD , which means buying 5 FDUSD will cost $ 95.3 NAD . Similarly, $1 NAD can be traded for 0.05247 FDUSD, and $50 NAD can be converted to 2.62 FDUSD, excluding any platform or gas fees.
The exchange rate of 1 FDUSD to Namibian Dollar has changed by -0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.14%, reaching a high of 19.14 NAD and a low of 19.04 NAD . One month ago, the value of 1 FDUSD was $ 19.01 NAD , which represents a +0.27% change from its current value. Over the last year, First Digital USD has changed by
+$
0.01198NAD
, resulting in a change of --% in its value.

FDUSD to NAD

Amount
02:52 am today
0.5 FDUSD
$9.53
1 FDUSD
$19.06
5 FDUSD
$95.3
10 FDUSD
$190.6
50 FDUSD
$953.02
100 FDUSD
$1,906.03
500 FDUSD
$9,530.15
1000 FDUSD
$19,060.3

NAD to FDUSD

Amount02:52 am today
0.5NAD0.02623  FDUSD
1NAD0.05247  FDUSD
5NAD0.2623  FDUSD
10NAD0.5247  FDUSD
50NAD2.62  FDUSD
100NAD5.25  FDUSD
500NAD26.23  FDUSD
1000NAD52.47  FDUSD
share

Today vs. 24 hours ago

Amount02:52 am today24 hours ago24h change
0.5 FDUSD$0.4991$0.4984
+0.14%
1 FDUSD$0.9981$0.9967
+0.14%
5 FDUSD$4.99$4.98
+0.14%
10 FDUSD$9.98$9.97
+0.14%
50 FDUSD$49.91$49.84
+0.14%
100 FDUSD$99.81$99.67
+0.14%
500 FDUSD$499.05$498.36
+0.14%
1000 FDUSD$998.11$996.72
+0.14%

Today vs. 1 month ago

Amount02:52 am today1 month ago1M change
0.5 FDUSD$0.4991$0.4977
+0.27%
1 FDUSD$0.9981$0.9955
+0.27%
5 FDUSD$4.99$4.98
+0.27%
10 FDUSD$9.98$9.95
+0.27%
50 FDUSD$49.91$49.77
+0.27%
100 FDUSD$99.81$99.55
+0.27%
500 FDUSD$499.05$497.73
+0.27%
1000 FDUSD$998.11$995.45
+0.27%

Today vs. 1 year ago

Amount02:52 am today1 year ago1Y change
0.5 FDUSD$0.4991$-0.001259
--
1 FDUSD$0.9981$-0.002518
--
5 FDUSD$4.99$-0.01259
--
10 FDUSD$9.98$-0.02518
--
50 FDUSD$49.91$-0.1259
--
100 FDUSD$99.81$-0.2518
--
500 FDUSD$499.05$-1.2589
--
1000 FDUSD$998.11$-2.5178
--

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.