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Shiba Inu to Namibian Dollar Converter and calculator

Convert 1Shiba Inu (SHIB) to Namibian Dollar (NAD) equals $ 0.0004451 | 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 Shiba Inu(SHIB) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 SHIB at a value of 1 SHIB for 0.00 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 Shiba Inu currency pair is the SHIB to NAD, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

SHIB to NAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Shiba Inu has changed +0.95% to NAD. Based on the trend and price charts, Shiba Inu(SHIB) has changed +0.95% to NAD while Namibian Dollar(NAD) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.0004444
0.0001% / 0.0004%vip-iconVIP
Binance
$0.0004442
0.1000% / 0.1000%
Yes
Coinbase Exchange
$0.0004448
0.1000% / 0.1000%
Yes
Kraken
$0.0004446
0.1000% / 0.1000%
Yes
OKX
$0.0004444
0.080% / 0.100%
Yes
Huobi
$0.0004444
0.1000% / 0.1000%
Yes
Gate.io
$0.0004444
0.1000% / 0.1000%
Yes
Bybit
$0.0004446
0.1000% / 0.1000%
Yes
KuCoin
$0.0004444
0.1000% / 0.1000%
Yes
Bitfinex
$0.0004446
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 14:00:32(UTC+0)

What factors influence the conversion rate of Shiba Inu to Namibian Dollar?

Shiba Inu to Namibian Dollar is falling this week.
Shiba Inu's current market price is $ 0.0004451 per SHIB, with a total market cap of $ 262,295,469,985.75 NAD based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -36.89% ($ -4,589,349,647.18 NAD) in the last 24 hours. Last trading day, SHIB's trading volume was $ 12,440,060,087.19.
Market cap
$13.68B
24h volume
$409.48M
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at $ 0.0004451 NAD , which means buying 5 SHIB will cost $ 0.002226 NAD . Similarly, $1 NAD can be traded for 2,246.66 SHIB, and $50 NAD can be converted to 112,333.13 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Namibian Dollar has changed by -5.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.95%, reaching a high of 0.0004474 NAD and a low of 0.0004299 NAD . One month ago, the value of 1 SHIB was $ 0.0005167 NAD , which represents a -13.85% change from its current value. Over the last year, Shiba Inu has changed by
+$
0.0002416NAD
, resulting in a change of +118.77% in its value.

SHIB to NAD

Amount
14:04 today
0.5 SHIB
$0.0002226
1 SHIB
$0.0004451
5 SHIB
$0.002226
10 SHIB
$0.004451
50 SHIB
$0.02226
100 SHIB
$0.04451
500 SHIB
$0.2226
1000 SHIB
$0.4451

NAD to SHIB

Amount14:04 today
0.5NAD1,123.33  SHIB
1NAD2,246.66  SHIB
5NAD11,233.31  SHIB
10NAD22,466.63  SHIB
50NAD112,333.13  SHIB
100NAD224,666.26  SHIB
500NAD1,123,331.31  SHIB
1000NAD2,246,662.62  SHIB
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Today vs. 24 hours ago

Amount14:04 today24 hours ago24h change
0.5 SHIB$0.{4}1161$0.{4}1150
+0.95%
1 SHIB$0.{4}2322$0.{4}2300
+0.95%
5 SHIB$0.0001161$0.0001150
+0.95%
10 SHIB$0.0002322$0.0002300
+0.95%
50 SHIB$0.001161$0.001150
+0.95%
100 SHIB$0.002322$0.002300
+0.95%
500 SHIB$0.01161$0.01150
+0.95%
1000 SHIB$0.02322$0.02300
+0.95%

Today vs. 1 month ago

Amount14:04 today1 month ago1M change
0.5 SHIB$0.{4}1161$0.{4}1347
-13.85%
1 SHIB$0.{4}2322$0.{4}2695
-13.85%
5 SHIB$0.0001161$0.0001347
-13.85%
10 SHIB$0.0002322$0.0002695
-13.85%
50 SHIB$0.001161$0.001347
-13.85%
100 SHIB$0.002322$0.002695
-13.85%
500 SHIB$0.01161$0.01347
-13.85%
1000 SHIB$0.02322$0.02695
-13.85%

Today vs. 1 year ago

Amount14:04 today1 year ago1Y change
0.5 SHIB$0.{4}1161$0.{5}5308
+118.77%
1 SHIB$0.{4}2322$0.{4}1062
+118.77%
5 SHIB$0.0001161$0.{4}5308
+118.77%
10 SHIB$0.0002322$0.0001062
+118.77%
50 SHIB$0.001161$0.0005308
+118.77%
100 SHIB$0.002322$0.001062
+118.77%
500 SHIB$0.01161$0.005308
+118.77%
1000 SHIB$0.02322$0.01062
+118.77%

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.