Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info NEAR Protocol

NEAR Protocol to Namibian Dollar Converter and calculator

Convert 1NEAR Protocol (NEAR) to Namibian Dollar (NAD) equals $ 102.81 | 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 NEAR Protocol currency pair is the NEAR to NAD, with for NEAR Protocol's currency code being NEAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

NEAR to NAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, NEAR Protocol has changed -1.39% to NAD. Based on the trend and price charts, NEAR Protocol(NEAR) has changed -1.39% to NAD while Namibian Dollar(NAD) has changed % to NEAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$104.28
0.0001% / 0.0004%vip-iconVIP
Binance
$104.11
0.1000% / 0.1000%
Yes
Coinbase Exchange
$103.46
0.1000% / 0.1000%
Yes
OKX
$104.04
0.080% / 0.100%
Yes
Huobi
$104.08
0.1000% / 0.1000%
Yes
Gate.io
$104.09
0.1000% / 0.1000%
Yes
Bybit
$104.27
0.1000% / 0.1000%
Yes
KuCoin
$104.12
0.1000% / 0.1000%
Yes
Bitfinex
$103.98
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 02:00:35(UTC+0)

What factors influence the conversion rate of NEAR Protocol to Namibian Dollar?

NEAR Protocol to Namibian Dollar is falling this week.
NEAR Protocol's current market price is $ 102.81 per NEAR, with a total market cap of $ 109,372,369,302.61 NAD based on a circulating supply of 1,063,817,500 NEAR. The trading volume of NEAR Protocol has changed by -17.04% ($ -2,219,110,436.12 NAD) in the last 24 hours. Last trading day, NEAR's trading volume was $ 13,023,712,871.18.
Market cap
$5.73B
24h volume
$565.79M
Circulating supply
1.06B NEAR

Conversion tables

The exchange rate of NEAR Protocol is decreasing.
1 NEAR is currently valued at $ 102.81 NAD , which means buying 5 NEAR will cost $ 514.06 NAD . Similarly, $1 NAD can be traded for 0.009727 NEAR, and $50 NAD can be converted to 0.4863 NEAR, excluding any platform or gas fees.
The exchange rate of 1 NEAR to Namibian Dollar has changed by -21.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.39%, reaching a high of 112.25 NAD and a low of 101.41 NAD . One month ago, the value of 1 NEAR was $ 117.76 NAD , which represents a -12.69% change from its current value. Over the last year, NEAR Protocol has changed by
+$
4.11NAD
, resulting in a change of +148.31% in its value.

NEAR to NAD

Amount
02:12 am today
0.5 NEAR
$51.41
1 NEAR
$102.81
5 NEAR
$514.06
10 NEAR
$1,028.11
50 NEAR
$5,140.56
100 NEAR
$10,281.12
500 NEAR
$51,405.61
1000 NEAR
$102,811.22

NAD to NEAR

Amount02:12 am today
0.5NAD0.004863  NEAR
1NAD0.009727  NEAR
5NAD0.04863  NEAR
10NAD0.09727  NEAR
50NAD0.4863  NEAR
100NAD0.9727  NEAR
500NAD4.86  NEAR
1000NAD9.73  NEAR
share

Today vs. 24 hours ago

Amount02:12 am today24 hours ago24h change
0.5 NEAR$2.69$2.73
-1.39%
1 NEAR$5.38$5.46
-1.39%
5 NEAR$26.92$27.3
-1.39%
10 NEAR$53.84$54.6
-1.39%
50 NEAR$269.19$272.98
-1.39%
100 NEAR$538.38$545.97
-1.39%
500 NEAR$2,691.9$2,729.83
-1.39%
1000 NEAR$5,383.8$5,459.66
-1.39%

Today vs. 1 month ago

Amount02:12 am today1 month ago1M change
0.5 NEAR$2.69$3.08
-12.69%
1 NEAR$5.38$6.17
-12.69%
5 NEAR$26.92$30.83
-12.69%
10 NEAR$53.84$61.66
-12.69%
50 NEAR$269.19$308.32
-12.69%
100 NEAR$538.38$616.64
-12.69%
500 NEAR$2,691.9$3,083.19
-12.69%
1000 NEAR$5,383.8$6,166.39
-12.69%

Today vs. 1 year ago

Amount02:12 am today1 year ago1Y change
0.5 NEAR$2.69$1.08
+148.31%
1 NEAR$5.38$2.17
+148.31%
5 NEAR$26.92$10.84
+148.31%
10 NEAR$53.84$21.69
+148.31%
50 NEAR$269.19$108.43
+148.31%
100 NEAR$538.38$216.85
+148.31%
500 NEAR$2,691.9$1,084.25
+148.31%
1000 NEAR$5,383.8$2,168.5
+148.31%

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.