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base info IOTA

IOTA to Namibian Dollar Converter and calculator

Convert 1IOTA (IOTA) to Namibian Dollar (NAD) equals $ 4.22 | 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 IOTA(IOTA) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 4.22 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 IOTA currency pair is the IOTA to NAD, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

IOTA to NAD conversion rate trend

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In the past 1D, IOTA has changed +1.28% to NAD. Based on the trend and price charts, IOTA(IOTA) has changed +1.28% to NAD while Namibian Dollar(NAD) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$4.22
0.0001% / 0.0004%vip-iconVIP
Binance
$4.23
0.1000% / 0.1000%
Yes
OKX
$4.23
0.080% / 0.100%
Yes
Huobi
$4.4
0.1000% / 0.1000%
Yes
Gate.io
$4.23
0.1000% / 0.1000%
Yes
KuCoin
$4.23
0.1000% / 0.1000%
Yes
Last updated 2024/05/29 03:00:21(UTC+0)

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

IOTA to Namibian Dollar is falling this week.
IOTA's current market price is $ 4.22 per IOTA, with a total market cap of $ 13,878,135,892.42 NAD based on a circulating supply of 3,286,918,400 IOTA. The trading volume of IOTA has changed by -18.63% ($ -66,652,582.52 NAD) in the last 24 hours. Last trading day, IOTA's trading volume was $ 357,745,205.77.
Market cap
$753.36M
24h volume
$15.80M
Circulating supply
3.29B IOTA

Conversion tables

The exchange rate of IOTA is increasing.
1 IOTA is currently valued at $ 4.22 NAD , which means buying 5 IOTA will cost $ 21.11 NAD . Similarly, $1 NAD can be traded for 0.2368 IOTA, and $50 NAD can be converted to 11.84 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Namibian Dollar has changed by -0.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.28%, reaching a high of 4.26 NAD and a low of 4.1 NAD . One month ago, the value of 1 IOTA was $ 4.15 NAD , which represents a +1.79% change from its current value. Over the last year, IOTA has changed by
+$
0.3054NAD
, resulting in a change of +7.80% in its value.

IOTA to NAD

Amount
03:12 am today
0.5 IOTA
$2.11
1 IOTA
$4.22
5 IOTA
$21.11
10 IOTA
$42.22
50 IOTA
$211.11
100 IOTA
$422.22
500 IOTA
$2,111.12
1000 IOTA
$4,222.23

NAD to IOTA

Amount03:12 am today
0.5NAD0.1184  IOTA
1NAD0.2368  IOTA
5NAD1.18  IOTA
10NAD2.37  IOTA
50NAD11.84  IOTA
100NAD23.68  IOTA
500NAD118.42  IOTA
1000NAD236.84  IOTA
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Today vs. 24 hours ago

Amount03:12 am today24 hours ago24h change
0.5 IOTA$0.1146$0.1131
+1.28%
1 IOTA$0.2292$0.2263
+1.28%
5 IOTA$1.15$1.13
+1.28%
10 IOTA$2.29$2.26
+1.28%
50 IOTA$11.46$11.31
+1.28%
100 IOTA$22.92$22.63
+1.28%
500 IOTA$114.6$113.15
+1.28%
1000 IOTA$229.2$226.3
+1.28%

Today vs. 1 month ago

Amount03:12 am today1 month ago1M change
0.5 IOTA$0.1146$0.1126
+1.79%
1 IOTA$0.2292$0.2252
+1.79%
5 IOTA$1.15$1.13
+1.79%
10 IOTA$2.29$2.25
+1.79%
50 IOTA$11.46$11.26
+1.79%
100 IOTA$22.92$22.52
+1.79%
500 IOTA$114.6$112.59
+1.79%
1000 IOTA$229.2$225.17
+1.79%
Buy IOTA for 1 NAD
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Today vs. 1 year ago

Amount03:12 am today1 year ago1Y change
0.5 IOTA$0.1146$0.1063
+7.80%
1 IOTA$0.2292$0.2126
+7.80%
5 IOTA$1.15$1.06
+7.80%
10 IOTA$2.29$2.13
+7.80%
50 IOTA$11.46$10.63
+7.80%
100 IOTA$22.92$21.26
+7.80%
500 IOTA$114.6$106.31
+7.80%
1000 IOTA$229.2$212.62
+7.80%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.2885 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by -4.00%. By the end of 2030, the IOTA price is projected to reach $0.6509, with a cumulative ROI of +183.97%.
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