Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Maker

Maker to Namibian Dollar Converter and calculator

Convert 1Maker (MKR) to Namibian Dollar (NAD) equals $ 59,747.52 | Bitget
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Maker(MKR) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 MKR at a value of 1 MKR for 59,747.52 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.

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

MKR to NAD conversion rate trend

In the past 1D, Maker has changed +3.64% to NAD. Based on the trend and price charts, Maker(MKR) has changed +3.64% to NAD while Namibian Dollar(NAD) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/21 05:00:34(UTC+0)

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

Maker to Namibian Dollar is rising this week.
Maker's current market price is $ 59,747.52 per MKR, with a total market cap of $ 55,249,559,173.35 NAD based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by -18.63% ($ -373,975,922.37 NAD) in the last 24 hours. Last trading day, MKR's trading volume was $ 2,007,762,716.38.
Market cap
24h volume
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is decreasing.
1 MKR is currently valued at $ 59,747.52 NAD , which means buying 5 MKR will cost $ 298,737.58 NAD . Similarly, $1 NAD can be traded for 0.{4}1674 MKR, and $50 NAD can be converted to 0.0008369 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Namibian Dollar has changed by +8.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.64%, reaching a high of 60,539.12 NAD and a low of 57,307.32 NAD . One month ago, the value of 1 MKR was $ 62,607.04 NAD , which represents a -4.57% change from its current value. Over the last year, Maker has changed by
, resulting in a change of +351.12% in its value.


05:48 am today
0.5 MKR
10 MKR
50 MKR
100 MKR
500 MKR
1000 MKR


Amount05:48 am today
0.5NAD0.{5}8369  MKR
1NAD0.{4}1674  MKR
5NAD0.{4}8369  MKR
10NAD0.0001674  MKR
50NAD0.0008369  MKR
100NAD0.001674  MKR
500NAD0.008369  MKR
1000NAD0.01674  MKR

Today vs. 24 hours ago

Amount05:48 am today24 hours ago24h change
0.5 MKR$1,558.15$1,503.51
1 MKR$3,116.3$3,007.02
5 MKR$15,581.49$15,035.12
10 MKR$31,162.97$30,070.23
50 MKR$155,814.85$150,351.15
100 MKR$311,629.7$300,702.3
500 MKR$1,558,148.5$1,503,511.5
1000 MKR$3,116,297$3,007,023

Today vs. 1 month ago

Amount05:48 am today1 month ago1M change
0.5 MKR$1,558.15$1,632.72
1 MKR$3,116.3$3,265.44
5 MKR$15,581.49$16,327.22
10 MKR$31,162.97$32,654.44
50 MKR$155,814.85$163,272.18
100 MKR$311,629.7$326,544.36
500 MKR$1,558,148.5$1,632,721.8
1000 MKR$3,116,297$3,265,443.6

Today vs. 1 year ago

Amount05:48 am today1 year ago1Y change
0.5 MKR$1,558.15$346.93
1 MKR$3,116.3$693.85
5 MKR$15,581.49$3,469.27
10 MKR$31,162.97$6,938.53
50 MKR$155,814.85$34,692.67
100 MKR$311,629.7$69,385.33
500 MKR$1,558,148.5$346,926.65
1000 MKR$3,116,297$693,853.3


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.