HOP
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 Hop Protocol(HOP) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 HOP at a value of 1 HOP for 0.28 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 Hop Protocol currency pair is the HOP to NAD, with for Hop Protocol's currency code being HOP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
HOP to NAD conversion rate trend
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In the past 1D, Hop Protocol has changed -2.85% to NAD. Based on the trend and price charts, Hop Protocol(HOP) has changed -2.85% to NAD while Namibian Dollar(NAD) has changed % to HOP in the last 24 hours.
Conversion rate comparison of various exchanges
Best
Last updated 2024/01/14 16:00:07(UTC+0)
How to buy Hop Protocol
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Buy Hop Protocol (HOP)
Use a variety of payment options to buy Hop Protocol on Bitget. We'll show you how.
Learn MoreBuy HOP (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of HOP with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy HOP with USDT via Bitget spot market.
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Sell HOP (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of HOP to NAD. However, you can first exchange HOP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Hop Protocol to Namibian Dollar?
Hop Protocol to Namibian Dollar is falling this week.Hop Protocol's current market price is $ 0.2818 per HOP, with a total market cap of $ 0 NAD based on a circulating supply of -- HOP. The trading volume of Hop Protocol has changed by -2.68% ($ -43,415.95 NAD) in the last 24 hours. Last trading day, HOP's trading volume was $ 1,621,995.23.
Market cap
$0
24h volume
$86.11K
Circulating supply
0 HOP
Conversion tables
The exchange rate of Hop Protocol is decreasing.1 HOP is currently valued at $ 0.2818 NAD , which means buying 5 HOP will cost $ 1.41 NAD . Similarly, $1 NAD can be traded for 3.55 HOP, and $50 NAD can be converted to 177.45 HOP, excluding any platform or gas fees.
The exchange rate of 1 HOP to Namibian Dollar has changed by -23.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.85%, reaching a high of 0.2935 NAD and a low of 0.2637 NAD . One month ago, the value of 1 HOP was $ 0.3539 NAD , which represents a -20.38% change from its current value. Over the last year, Hop Protocol has changed by , resulting in a change of -66.17% in its value.
-$
0.5512NADHOP to NAD
Amount
07:32 am today
0.5 HOP
$0.1409
1 HOP
$0.2818
5 HOP
$1.41
10 HOP
$2.82
50 HOP
$14.09
100 HOP
$28.18
500 HOP
$140.89
1000 HOP
$281.78
NAD to HOP
Amount07:32 am today
0.5NAD1.77 HOP
1NAD3.55 HOP
5NAD17.74 HOP
10NAD35.49 HOP
50NAD177.45 HOP
100NAD354.89 HOP
500NAD1,774.45 HOP
1000NAD3,548.9 HOP
Today vs. 24 hours ago
| Amount | 07:32 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 HOP | $0.007685 | $0.007911 | -2.85% |
| 1 HOP | $0.01537 | $0.01582 | -2.85% |
| 5 HOP | $0.07685 | $0.07911 | -2.85% |
| 10 HOP | $0.1537 | $0.1582 | -2.85% |
| 50 HOP | $0.7685 | $0.7911 | -2.85% |
| 100 HOP | $1.54 | $1.58 | -2.85% |
| 500 HOP | $7.69 | $7.91 | -2.85% |
| 1000 HOP | $15.37 | $15.82 | -2.85% |
Today vs. 1 month ago
| Amount | 07:32 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 HOP | $0.007685 | $0.009653 | -20.38% |
| 1 HOP | $0.01537 | $0.01931 | -20.38% |
| 5 HOP | $0.07685 | $0.09653 | -20.38% |
| 10 HOP | $0.1537 | $0.1931 | -20.38% |
| 50 HOP | $0.7685 | $0.9653 | -20.38% |
| 100 HOP | $1.54 | $1.93 | -20.38% |
| 500 HOP | $7.69 | $9.65 | -20.38% |
| 1000 HOP | $15.37 | $19.31 | -20.38% |
Today vs. 1 year ago
| Amount | 07:32 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 HOP | $0.007685 | $0.02272 | -66.17% |
| 1 HOP | $0.01537 | $0.04544 | -66.17% |
| 5 HOP | $0.07685 | $0.2272 | -66.17% |
| 10 HOP | $0.1537 | $0.4544 | -66.17% |
| 50 HOP | $0.7685 | $2.27 | -66.17% |
| 100 HOP | $1.54 | $4.54 | -66.17% |
| 500 HOP | $7.69 | $22.72 | -66.17% |
| 1000 HOP | $15.37 | $45.44 | -66.17% |
Hop Protocol price prediction
What will the price of HOP be in 2025?
Based on HOP's historical price performance prediction model, the price of HOP is projected to reach $0.02589 in 2025.
What will the price of HOP be in 2030?
In 2030, the HOP price is expected to change by +3.00%. By the end of 2030, the HOP price is projected to reach $0.02651, with a cumulative ROI of +84.27%.
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Popular Hop Protocol conversions
Check out these popular currency conversions of Hop Protocol to several fiat currencies.
Hop Protocol to USD
1 HOP to $ 0.01537 USD
Hop Protocol to GBP
1 HOP to £ 0.01223 GBP
Hop Protocol to EUR
1 HOP to € 0.01473 EUR
Hop Protocol to KRW
1 HOP to ₩ 22.32 KRW
Hop Protocol to CAD
1 HOP to $ 0.02210 CAD
Hop Protocol to AUD
1 HOP to $ 0.02459 AUD
Hop Protocol to JPY
1 HOP to ¥ 2.41 JPY
Hop Protocol to BRL
1 HOP to R$ 0.09346 BRL
Hop Protocol to CNY
1 HOP to ¥ 0.1123 CNY
Hop Protocol to TWD
1 HOP to NT$ 0.5028 TWD
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1 QKC to $ 0.2355 NAD
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1 MBL to $ 0.06566 NAD
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1 POWR to $ 4.41 NAD
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Algorand to NAD
1 ALGO to $ 6.53 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 Hop Protocol 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 Hop Protocol 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 Hop Protocol 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.
