FRAX
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 Frax(FRAX) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 FRAX at a value of 1 FRAX for 18.03 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 Frax currency pair is the FRAX to NAD, with for Frax's currency code being FRAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
FRAX to NAD conversion rate trend
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In the past 1D, Frax has changed +0.09% to NAD. Based on the trend and price charts, Frax(FRAX) has changed +0.09% to NAD while Namibian Dollar(NAD) has changed % to FRAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $18.03 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $17.61 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 16:00:17(UTC+0)
How to buy Frax
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Frax (FRAX)
Use a variety of payment options to buy Frax on Bitget. We'll show you how.
Buy FRAX (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of FRAX with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy FRAX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell FRAX (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of FRAX to NAD. However, you can first exchange FRAX 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 |
|---|
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What factors influence the conversion rate of Frax to Namibian Dollar?
Frax to Namibian Dollar is rising this week.Frax's current market price is $ 18.03 per FRAX, with a total market cap of $ 11,712,108,802.28 NAD based on a circulating supply of 649,433,400 FRAX. The trading volume of Frax has changed by -10.57% ($ -51,579,553.06 NAD) in the last 24 hours. Last trading day, FRAX's trading volume was $ 488,082,222.07.
Market cap
$646.72M
24h volume
$24.10M
Circulating supply
649.43M FRAX
Conversion tables
The exchange rate of Frax is decreasing.1 FRAX is currently valued at $ 18.03 NAD , which means buying 5 FRAX will cost $ 90.17 NAD . Similarly, $1 NAD can be traded for 0.05545 FRAX, and $50 NAD can be converted to 2.77 FRAX, excluding any platform or gas fees.
The exchange rate of 1 FRAX to Namibian Dollar has changed by +0.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.09%, reaching a high of 18.04 NAD and a low of 18.01 NAD . One month ago, the value of 1 FRAX was $ 18.05 NAD , which represents a -0.09% change from its current value. Over the last year, Frax has changed by , resulting in a change of -0.37% in its value.
-$
0.06735NADFRAX to NAD
Amount
17:48 today
0.5 FRAX
$9.02
1 FRAX
$18.03
5 FRAX
$90.17
10 FRAX
$180.34
50 FRAX
$901.72
100 FRAX
$1,803.43
500 FRAX
$9,017.17
1000 FRAX
$18,034.35
NAD to FRAX
Amount17:48 today
0.5NAD0.02772 FRAX
1NAD0.05545 FRAX
5NAD0.2772 FRAX
10NAD0.5545 FRAX
50NAD2.77 FRAX
100NAD5.54 FRAX
500NAD27.72 FRAX
1000NAD55.45 FRAX
Today vs. 24 hours ago
| Amount | 17:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRAX | $0.4979 | $0.4975 | +0.09% |
| 1 FRAX | $0.9958 | $0.9950 | +0.09% |
| 5 FRAX | $4.98 | $4.97 | +0.09% |
| 10 FRAX | $9.96 | $9.95 | +0.09% |
| 50 FRAX | $49.79 | $49.75 | +0.09% |
| 100 FRAX | $99.58 | $99.5 | +0.09% |
| 500 FRAX | $497.91 | $497.48 | +0.09% |
| 1000 FRAX | $995.82 | $994.96 | +0.09% |
Today vs. 1 month ago
| Amount | 17:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRAX | $0.4979 | $0.4983 | -0.09% |
| 1 FRAX | $0.9958 | $0.9967 | -0.09% |
| 5 FRAX | $4.98 | $4.98 | -0.09% |
| 10 FRAX | $9.96 | $9.97 | -0.09% |
| 50 FRAX | $49.79 | $49.83 | -0.09% |
| 100 FRAX | $99.58 | $99.67 | -0.09% |
| 500 FRAX | $497.91 | $498.34 | -0.09% |
| 1000 FRAX | $995.82 | $996.68 | -0.09% |
Today vs. 1 year ago
| Amount | 17:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRAX | $0.4979 | $0.4998 | -0.37% |
| 1 FRAX | $0.9958 | $0.9995 | -0.37% |
| 5 FRAX | $4.98 | $5 | -0.37% |
| 10 FRAX | $9.96 | $10 | -0.37% |
| 50 FRAX | $49.79 | $49.98 | -0.37% |
| 100 FRAX | $99.58 | $99.95 | -0.37% |
| 500 FRAX | $497.91 | $499.77 | -0.37% |
| 1000 FRAX | $995.82 | $999.54 | -0.37% |
Frax price prediction
What will the price of FRAX be in 2025?
Based on FRAX's historical price performance prediction model, the price of FRAX is projected to reach $1.55 in 2025.
What will the price of FRAX be in 2030?
In 2030, the FRAX price is expected to change by +3.00%. By the end of 2030, the FRAX price is projected to reach $2.86, with a cumulative ROI of +187.48%.
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Popular Frax conversions
Check out these popular currency conversions of Frax to several fiat currencies.
Frax to USD
1 FRAX to $ 0.9958 USD
Frax to GBP
1 FRAX to £ 0.7891 GBP
Frax to EUR
1 FRAX to € 0.9473 EUR
Frax to KRW
1 FRAX to ₩ 1,393.4 KRW
Frax to CAD
1 FRAX to $ 1.39 CAD
Frax to AUD
1 FRAX to $ 1.53 AUD
Frax to JPY
1 FRAX to ¥ 153.77 JPY
Frax to BRL
1 FRAX to R$ 5.79 BRL
Frax to CNY
1 FRAX to ¥ 7.21 CNY
Frax to TWD
1 FRAX to NT$ 32.43 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Frax.
MAD to NAD
1 MAD to $ -- NAD
XRP to NAD
1 XRP to $ 20.33 NAD
EGO to NAD
1 EGO to $ 0.4072 NAD
Sharpe AI to NAD
1 SAI to $ 0.6050 NAD
Solana to NAD
1 SOL to $ 4,663.65 NAD
Bitcoin to NAD
1 BTC to $ 1,764,934.95 NAD
Dogecoin to NAD
1 DOGE to $ 6.99 NAD
Pepe to NAD
1 PEPE to $ 0.0003755 NAD
Peanut the Squirrel to NAD
1 PNUT to $ 24.48 NAD
Sui to NAD
1 SUI to $ 65.13 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 Frax 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 Frax 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 Frax 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.
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.
