MATRIX
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 Matrix Labs(MATRIX) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 MATRIX at a value of 1 MATRIX for 0.02 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 Matrix Labs currency pair is the MATRIX to NAD, with for Matrix Labs's currency code being MATRIX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
MATRIX to NAD conversion rate trend
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In the past 1D, Matrix Labs has changed +8.89% to NAD. Based on the trend and price charts, Matrix Labs(MATRIX) has changed +8.89% to NAD while Namibian Dollar(NAD) has changed % to MATRIX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01906 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:34:17(UTC+0)
How to buy Matrix Labs
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Buy Matrix Labs (MATRIX)
Use a variety of payment options to buy Matrix Labs on Bitget. We'll show you how.
Buy MATRIX (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of MATRIX with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy MATRIX 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 MATRIX (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of MATRIX to NAD. However, you can first exchange MATRIX 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 Matrix Labs to Namibian Dollar?
Matrix Labs to Namibian Dollar is rising this week.Matrix Labs's current market price is $ 0.01906 per MATRIX, with a total market cap of $ 0 NAD based on a circulating supply of -- MATRIX. The trading volume of Matrix Labs has changed by 0.00% ($ 0 NAD) in the last 24 hours. Last trading day, MATRIX's trading volume was $ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 MATRIX
Conversion tables
The exchange rate of Matrix Labs is increasing.1 MATRIX is currently valued at $ 0.01906 NAD , which means buying 5 MATRIX will cost $ 0.09530 NAD . Similarly, $1 NAD can be traded for 52.47 MATRIX, and $50 NAD can be converted to 2,623.33 MATRIX, excluding any platform or gas fees.
The exchange rate of 1 MATRIX to Namibian Dollar has changed by +19.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.89%, reaching a high of 0.01782 NAD and a low of 0.01435 NAD . One month ago, the value of 1 MATRIX was $ 0.01534 NAD , which represents a +30.75% change from its current value. Over the last year, Matrix Labs has changed by , resulting in a change of -72.38% in its value.
-$
0.04108NADMATRIX to NAD
Amount
07:04 am today
0.5 MATRIX
$0.009530
1 MATRIX
$0.01906
5 MATRIX
$0.09530
10 MATRIX
$0.1906
50 MATRIX
$0.9530
100 MATRIX
$1.91
500 MATRIX
$9.53
1000 MATRIX
$19.06
NAD to MATRIX
Amount07:04 am today
0.5NAD26.23 MATRIX
1NAD52.47 MATRIX
5NAD262.33 MATRIX
10NAD524.67 MATRIX
50NAD2,623.33 MATRIX
100NAD5,246.66 MATRIX
500NAD26,233.32 MATRIX
1000NAD52,466.63 MATRIX
Today vs. 24 hours ago
| Amount | 07:04 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MATRIX | $0.0005312 | $0.0004951 | +8.89% |
| 1 MATRIX | $0.001062 | $0.0009903 | +8.89% |
| 5 MATRIX | $0.005312 | $0.004951 | +8.89% |
| 10 MATRIX | $0.01062 | $0.009903 | +8.89% |
| 50 MATRIX | $0.05312 | $0.04951 | +8.89% |
| 100 MATRIX | $0.1062 | $0.09903 | +8.89% |
| 500 MATRIX | $0.5312 | $0.4951 | +8.89% |
| 1000 MATRIX | $1.06 | $0.9903 | +8.89% |
Today vs. 1 month ago
| Amount | 07:04 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MATRIX | $0.0005312 | $0.0004274 | +30.75% |
| 1 MATRIX | $0.001062 | $0.0008548 | +30.75% |
| 5 MATRIX | $0.005312 | $0.004274 | +30.75% |
| 10 MATRIX | $0.01062 | $0.008548 | +30.75% |
| 50 MATRIX | $0.05312 | $0.04274 | +30.75% |
| 100 MATRIX | $0.1062 | $0.08548 | +30.75% |
| 500 MATRIX | $0.5312 | $0.4274 | +30.75% |
| 1000 MATRIX | $1.06 | $0.8548 | +30.75% |
Today vs. 1 year ago
| Amount | 07:04 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MATRIX | $0.0005312 | $0.001676 | -72.38% |
| 1 MATRIX | $0.001062 | $0.003352 | -72.38% |
| 5 MATRIX | $0.005312 | $0.01676 | -72.38% |
| 10 MATRIX | $0.01062 | $0.03352 | -72.38% |
| 50 MATRIX | $0.05312 | $0.1676 | -72.38% |
| 100 MATRIX | $0.1062 | $0.3352 | -72.38% |
| 500 MATRIX | $0.5312 | $1.68 | -72.38% |
| 1000 MATRIX | $1.06 | $3.35 | -72.38% |
Matrix Labs price prediction
What will the price of MATRIX be in 2025?
Based on MATRIX's historical price performance prediction model, the price of MATRIX is projected to reach $0.001475 in 2025.
What will the price of MATRIX be in 2030?
In 2030, the MATRIX price is expected to change by -13.00%. By the end of 2030, the MATRIX price is projected to reach $0.001758, with a cumulative ROI of +65.52%.
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Popular Matrix Labs conversions
Check out these popular currency conversions of Matrix Labs to several fiat currencies.
Matrix Labs to USD
1 MATRIX to $ 0.001062 USD
Matrix Labs to GBP
1 MATRIX to £ 0.0008435 GBP
Matrix Labs to EUR
1 MATRIX to € 0.001014 EUR
Matrix Labs to KRW
1 MATRIX to ₩ 1.48 KRW
Matrix Labs to CAD
1 MATRIX to $ 0.001481 CAD
Matrix Labs to AUD
1 MATRIX to $ 0.001628 AUD
Matrix Labs to JPY
1 MATRIX to ¥ 0.1636 JPY
Matrix Labs to BRL
1 MATRIX to R$ 0.006173 BRL
Matrix Labs to CNY
1 MATRIX to ¥ 0.007701 CNY
Matrix Labs to TWD
1 MATRIX to NT$ 0.03448 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Matrix Labs.
Bitcoin to NAD
1 BTC to $ 1,762,095.45 NAD
MAD to NAD
1 MAD to $ 0.0008490 NAD
Stellar to NAD
1 XLM to $ 9.31 NAD
EGO to NAD
1 EGO to $ 0.3681 NAD
Cardano to NAD
1 ADA to $ 18.65 NAD
Puffer to NAD
1 PUFFER to $ -- NAD
XRP to NAD
1 XRP to $ 26.15 NAD
Just a chill guy to NAD
1 CHILLGUY to $ 8.04 NAD
Dogecoin to NAD
1 DOGE to $ 7.59 NAD
The Sandbox to NAD
1 SAND to $ 13.88 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 Matrix Labs 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 Matrix Labs 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 Matrix Labs 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.
