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.
LIQ to NAD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | $0.02960 | 0.0200% / 0.0320%VIP 7 | |
Gate.io | $0.02947 | 0.1000% / 0.1000% | Yes |
How to buy LIQ Protocol
Buy LIQ (or USDT) for NAD (Namibian Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
O OTEDOLA 70 trades|Completion rate 100.00% | 1 USD | Amount300 USDT Limit10 - 300 USD | ||
m mundocripto 13 trades|Completion rate 100.00% | 1.018 USD | Amount253.11 USDT Limit10 - 200 USD | ||
R Recharge 42 trades|Completion rate 100.00% | 1.029 USD | Amount295.72 USDT Limit10 - 360 USD | ||
T TradePro 20 trades|Completion rate 100.00% | 1.03 USD | Amount818.96 USDT Limit100 - 800 USD | ||
R Russiad_BC 23 trades|Completion rate 96.00% | 1.034 USD | Amount127.48 USDT Limit10 - 129 USD |
Sell LIQ (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 16 trades|Completion rate 94.00% | 1.2 USD | Amount40000 USDT Limit1200 - 46000 USD | ||
R Recharge 42 trades|Completion rate 100.00% | 1.197 USD | Amount1463 USDT Limit10 - 1007 USD | ||
R Russiad_BC 23 trades|Completion rate 96.00% | 1.197 USD | Amount3723.2 USDT Limit10 - 4000 USD | ||
c cR7_trader 3 trades|Completion rate 100.00% | 1.123 USD | Amount4788.74 USDT Limit100 - 5000 USD | ||
B BGUSER-VBXPGM6X 46 trades|Completion rate 92.00% | 1.122 USD | Amount99576.3 USDT Limit10 - 50000 USD |
What factors influence the conversion rate of LIQ Protocol to Namibian Dollar?
LIQ Protocol to Namibian Dollar is rising this week.Conversion tables
The exchange rate of LIQ Protocol is decreasing.LIQ to NAD
NAD to LIQ
Today vs. 24 hours ago
Amount | 19:43 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LIQ | $0.0008185 | $0.0008094 | +1.13% |
1 LIQ | $0.001637 | $0.001619 | +1.13% |
5 LIQ | $0.008185 | $0.008094 | +1.13% |
10 LIQ | $0.01637 | $0.01619 | +1.13% |
50 LIQ | $0.08185 | $0.08094 | +1.13% |
100 LIQ | $0.1637 | $0.1619 | +1.13% |
500 LIQ | $0.8185 | $0.8094 | +1.13% |
1000 LIQ | $1.64 | $1.62 | +1.13% |
Today vs. 1 month ago
Amount | 19:43 today | 1 month ago | 1M change |
---|---|---|---|
0.5 LIQ | $0.0008185 | $0.0009151 | -10.55% |
1 LIQ | $0.001637 | $0.001830 | -10.55% |
5 LIQ | $0.008185 | $0.009151 | -10.55% |
10 LIQ | $0.01637 | $0.01830 | -10.55% |
50 LIQ | $0.08185 | $0.09151 | -10.55% |
100 LIQ | $0.1637 | $0.1830 | -10.55% |
500 LIQ | $0.8185 | $0.9151 | -10.55% |
1000 LIQ | $1.64 | $1.83 | -10.55% |
Today vs. 1 year ago
Amount | 19:43 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 LIQ | $0.0008185 | $0.0007371 | +11.05% |
1 LIQ | $0.001637 | $0.001474 | +11.05% |
5 LIQ | $0.008185 | $0.007371 | +11.05% |
10 LIQ | $0.01637 | $0.01474 | +11.05% |
50 LIQ | $0.08185 | $0.07371 | +11.05% |
100 LIQ | $0.1637 | $0.1474 | +11.05% |
500 LIQ | $0.8185 | $0.7371 | +11.05% |
1000 LIQ | $1.64 | $1.47 | +11.05% |
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