DMD
NAD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Diamond(DMD) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 DMD at a value of 1 DMD for 46.16 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.
Bitget crypto-to-fiat exchange data shows that the most popular Diamond currency pair is the DMD to NAD, with for Diamond's currency code being DMD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
DMD to NAD conversion rate trend
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In the past 1D, Diamond has changed -2.10% to NAD. Based on the trend and price charts, Diamond(DMD) has changed -2.10% to NAD while Namibian Dollar(NAD) has changed % to DMD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $46.16 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/07/08 16:42:50(UTC+0)
How to buy Diamond
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Buy Diamond (DMD)
Use a variety of payment options to buy Diamond on Bitget. We'll show you how.
Buy DMD (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of DMD with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy DMD with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
m mundocripto  16 trades｜Completion rate 94.00% | 1.018 USD | Amount253.11 USDT Limit10 - 200 USD |  | |
v visionary 5 trades｜Completion rate 22.00% | 1.027 USD | Amount270.78 USDT Limit20 - 399 USD |  | |
T TradePro 17 trades｜Completion rate 57.00% | 1.03 USD | Amount818.96 USDT Limit100 - 800 USD |   | |
Q QuickResponse100%  145 trades｜Completion rate 100.00% | 1.035 USD | Amount100 USDT Limit10 - 100 USD |  | |
R Russiad_BC 25 trades｜Completion rate 89.00% | 1.035 USD | Amount153.05 USDT Limit10 - 197 USD |   |
Sell DMD (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of DMD to NAD. However, you can first exchange DMD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
R Russiad_BC 25 trades｜Completion rate 89.00% | 1.195 USD | Amount3723.2 USDT Limit10 - 4000 USD |  | |
B BGUSER-VBXPGM6X 39 trades｜Completion rate 93.00% | 1.122 USD | Amount99576.3 USDT Limit10 - 50000 USD | | |
c cR7_trader 7 trades｜Completion rate 100.00% | 1.121 USD | Amount4788.74 USDT Limit100 - 5000 USD | | |
R Recharge 35 trades｜Completion rate 78.00% | 1.121 USD | Amount958.25 USDT Limit10 - 1000 USD | | |
D DimTrade 0 trades｜Completion rate 0.00% | 1.1 USD | Amount4502.79 USDT Limit100 - 1000 USD | |
What factors influence the conversion rate of Diamond to Namibian Dollar?
Diamond to Namibian Dollar is falling this week.Diamond's current market price is $ 46.16 per DMD, with a total market cap of $ 176,365,001.05 NAD based on a circulating supply of 3,820,507.2 DMD. The trading volume of Diamond has changed by +2.04% ($ 5,888.02 NAD) in the last 24 hours. Last trading day, DMD's trading volume was $ 288,939.8.
Market cap
$9.71M
24h volume
$16.24K
Circulating supply
3.82M DMD
Conversion tables
The exchange rate of Diamond is decreasing.1 DMD is currently valued at $ 46.16 NAD , which means buying 5 DMD will cost $ 230.81 NAD . Similarly, $1 NAD can be traded for 0.02166 DMD, and $50 NAD can be converted to 1.08 DMD, excluding any platform or gas fees.
The exchange rate of 1 DMD to Namibian Dollar has changed by -31.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.10%, reaching a high of 48.06 NAD and a low of 44.76 NAD . One month ago, the value of 1 DMD was $ 53.04 NAD , which represents a -12.98% change from its current value. Over the last year, Diamond has changed by , resulting in a change of -32.39% in its value.
-$
22.1NADDMD to NAD
Amount
16:42 today
0.5 DMD
$23.08
1 DMD
$46.16
5 DMD
$230.81
10 DMD
$461.63
50 DMD
$2,308.14
100 DMD
$4,616.27
500 DMD
$23,081.36
1000 DMD
$46,162.72
NAD to DMD
Amount16:42 today
0.5NAD0.01083 DMD
1NAD0.02166 DMD
5NAD0.1083 DMD
10NAD0.2166 DMD
50NAD1.08 DMD
100NAD2.17 DMD
500NAD10.83 DMD
1000NAD21.66 DMD
Today vs. 24 hours ago
| Amount | 16:42 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DMD | $1.27 | $1.3 | -2.10% |
| 1 DMD | $2.54 | $2.6 | -2.10% |
| 5 DMD | $12.71 | $12.99 | -2.10% |
| 10 DMD | $25.43 | $25.97 | -2.10% |
| 50 DMD | $127.14 | $129.86 | -2.10% |
| 100 DMD | $254.28 | $259.72 | -2.10% |
| 500 DMD | $1,271.39 | $1,298.62 | -2.10% |
| 1000 DMD | $2,542.78 | $2,597.25 | -2.10% |
Today vs. 1 month ago
| Amount | 16:42 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DMD | $1.27 | $1.46 | -12.98% |
| 1 DMD | $2.54 | $2.92 | -12.98% |
| 5 DMD | $12.71 | $14.61 | -12.98% |
| 10 DMD | $25.43 | $29.22 | -12.98% |
| 50 DMD | $127.14 | $146.09 | -12.98% |
| 100 DMD | $254.28 | $292.18 | -12.98% |
| 500 DMD | $1,271.39 | $1,460.9 | -12.98% |
| 1000 DMD | $2,542.78 | $2,921.8 | -12.98% |
Today vs. 1 year ago
| Amount | 16:42 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DMD | $1.27 | $1.88 | -32.39% |
| 1 DMD | $2.54 | $3.76 | -32.39% |
| 5 DMD | $12.71 | $18.8 | -32.39% |
| 10 DMD | $25.43 | $37.6 | -32.39% |
| 50 DMD | $127.14 | $188 | -32.39% |
| 100 DMD | $254.28 | $376 | -32.39% |
| 500 DMD | $1,271.39 | $1,879.98 | -32.39% |
| 1000 DMD | $2,542.78 | $3,759.96 | -32.39% |
Diamond price prediction
What will the price of DMD be in 2025?
Based on DMD's historical price performance prediction model, the price of DMD is projected to reach $3.9 in 2025.
What will the price of DMD be in 2030?
In 2030, the DMD price is expected to change by -13.00%. By the end of 2030, the DMD price is projected to reach $4.67, with a cumulative ROI of +83.55%.
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Popular Diamond conversions
Check out these popular currency conversions of Diamond to several fiat currencies.
Diamond to USD
1 DMD to $ 2.54 USD
Diamond to GBP
1 DMD to £ 1.98 GBP
Diamond to EUR
1 DMD to € 2.35 EUR
Diamond to KRW
1 DMD to ₩ 3,516.21 KRW
Diamond to CAD
1 DMD to $ 3.47 CAD
Diamond to AUD
1 DMD to $ 3.77 AUD
Diamond to JPY
1 DMD to ¥ 408.83 JPY
Diamond to BRL
1 DMD to R$ 13.89 BRL
Diamond to CNY
1 DMD to ¥ 18.51 CNY
Diamond to TWD
1 DMD to NT$ 82.57 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Diamond.
Bitcoin to NAD
1 BTC to $ 1,011,483.18 NAD
Meme Cup to NAD
1 MEMECUP to $ -- NAD
Notcoin to NAD
1 NOT to $ 0.2950 NAD
Minu to NAD
1 MINU to $ 0.{5}4335 NAD
Pepe to NAD
1 PEPE to $ 0.0001599 NAD
LayerZero to NAD
1 ZRO to $ 68.44 NAD
ether.fi to NAD
1 ETHFI to $ 37.38 NAD
Klaytn to NAD
1 KLAY to $ 2.59 NAD
Super Trump to NAD
1 STRUMP to $ 0.1509 NAD
Solana to NAD
1 SOL to $ 2,466.33 NAD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Diamond and NAD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Diamond and NAD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Diamond in NAD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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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.
