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.
AIRT to NAD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | $0.004289 | 0.0200% / 0.0320%VIP 7 |
How to buy AirNFTs
Buy AIRT (or USDT) for NAD (Namibian Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
金 金边安欣币行 358 trades|Completion rate 100.00% | 1.01 USD | Amount1099.28 USDT Limit10 - 700 USD | ||
P Ponreay_FX 162 trades|Completion rate 99.00% | 1.01 USD | Amount933.5 USDT Limit10 - 1010 USD | ||
R Recharge 41 trades|Completion rate 100.00% | 1.029 USD | Amount295.72 USDT Limit10 - 360 USD | ||
Q QuickResponse100% 139 trades|Completion rate 100.00% | 1.03 USD | Amount10 USDT Limit10 - 10 USD | ||
K Kaluce 16 trades|Completion rate 100.00% | 1.03 USD | Amount233.92 USDT Limit10 - 240 USD |
Sell AIRT (or USDT) for NAD (Namibian Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
S Suarman Trades 0 trades|Completion rate 0.00% | 1.2 USD | Amount40000 USDT Limit1200 - 46000 USD | ||
R Recharge 41 trades|Completion rate 100.00% | 1.197 USD | Amount1490 USDT Limit10 - 1007 USD | ||
R Russiad_BC 26 trades|Completion rate 96.00% | 1.197 USD | Amount3723.2 USDT Limit10 - 4000 USD | ||
c cR7_trader 7 trades|Completion rate 100.00% | 1.123 USD | Amount4788.74 USDT Limit100 - 5000 USD | ||
B BGUSER-VBXPGM6X 45 trades|Completion rate 92.00% | 1.122 USD | Amount99576.3 USDT Limit10 - 50000 USD |
What factors influence the conversion rate of AirNFTs to Namibian Dollar?
AirNFTs to Namibian Dollar is falling this week.Conversion tables
The exchange rate of AirNFTs is decreasing.AIRT to NAD
NAD to AIRT
Today vs. 24 hours ago
Amount | 16:38 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 AIRT | $0.0001186 | $0.0001156 | +2.64% |
1 AIRT | $0.0002372 | $0.0002311 | +2.64% |
5 AIRT | $0.001186 | $0.001156 | +2.64% |
10 AIRT | $0.002372 | $0.002311 | +2.64% |
50 AIRT | $0.01186 | $0.01156 | +2.64% |
100 AIRT | $0.02372 | $0.02311 | +2.64% |
500 AIRT | $0.1186 | $0.1156 | +2.64% |
1000 AIRT | $0.2372 | $0.2311 | +2.64% |
Today vs. 1 month ago
Amount | 16:38 today | 1 month ago | 1M change |
---|---|---|---|
0.5 AIRT | $0.0001186 | $0.0001623 | -26.90% |
1 AIRT | $0.0002372 | $0.0003245 | -26.90% |
5 AIRT | $0.001186 | $0.001623 | -26.90% |
10 AIRT | $0.002372 | $0.003245 | -26.90% |
50 AIRT | $0.01186 | $0.01623 | -26.90% |
100 AIRT | $0.02372 | $0.03245 | -26.90% |
500 AIRT | $0.1186 | $0.1623 | -26.90% |
1000 AIRT | $0.2372 | $0.3245 | -26.90% |
Today vs. 1 year ago
Amount | 16:38 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 AIRT | $0.0001186 | $0.001057 | -88.78% |
1 AIRT | $0.0002372 | $0.002115 | -88.78% |
5 AIRT | $0.001186 | $0.01057 | -88.78% |
10 AIRT | $0.002372 | $0.02115 | -88.78% |
50 AIRT | $0.01186 | $0.1057 | -88.78% |
100 AIRT | $0.02372 | $0.2115 | -88.78% |
500 AIRT | $0.1186 | $1.06 | -88.78% |
1000 AIRT | $0.2372 | $2.11 | -88.78% |
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