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.
BOMB to NAD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | $0.2728 | 0.0200% / 0.0320%VIP 7 | |
Gate.io | $0.2681 | 0.1000% / 0.1000% | Yes |
How to buy Lollybomb Meme Coin
Buy BOMB (or USDT) for NAD (Namibian Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
n ninos.finance 340 trades|Completion rate 100.00% | 0.999 USD | Amount50 USDT Limit10 - 25 USD | ||
O OTEDOLA 70 trades|Completion rate 100.00% | 0.999 USD | Amount150 USDT Limit10 - 149.85 USD | ||
P Ponreay_FX 160 trades|Completion rate 99.00% | 1.01 USD | Amount193.35 USDT Limit10 - 195.283 USD | ||
金 金边安欣币行 379 trades|Completion rate 100.00% | 1.01 USD | Amount1424.59 USDT Limit10 - 700 USD | ||
T TreblaIndustries- 32 trades|Completion rate 91.00% | 1.015 USD | Amount700 USDT Limit599.99 - 600 USD |
Sell BOMB (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 20 trades|Completion rate 95.00% | 1.2 USD | Amount40000 USDT Limit1200 - 46000 USD | ||
R Russiad_BC 24 trades|Completion rate 96.00% | 1.199 USD | Amount3685.83 USDT Limit10 - 4000 USD | ||
R Recharge 41 trades|Completion rate 98.00% | 1.123 USD | Amount1463 USDT Limit10 - 1007 USD | ||
c cR7_trader 2 trades|Completion rate 100.00% | 1.123 USD | Amount4788.74 USDT Limit100 - 5000 USD | ||
B BGUSER-VBXPGM6X 50 trades|Completion rate 93.00% | 1.122 USD | Amount99027.94 USDT Limit10 - 50000 USD |
What factors influence the conversion rate of Lollybomb Meme Coin to Namibian Dollar?
Lollybomb Meme Coin to Namibian Dollar is rising this week.Conversion tables
The exchange rate of Lollybomb Meme Coin is increasing.BOMB to NAD
NAD to BOMB
Today vs. 24 hours ago
Amount | 09:34 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BOMB | $0.007440 | $0.008455 | -12.12% |
1 BOMB | $0.01488 | $0.01691 | -12.12% |
5 BOMB | $0.07440 | $0.08455 | -12.12% |
10 BOMB | $0.1488 | $0.1691 | -12.12% |
50 BOMB | $0.7440 | $0.8455 | -12.12% |
100 BOMB | $1.49 | $1.69 | -12.12% |
500 BOMB | $7.44 | $8.45 | -12.12% |
1000 BOMB | $14.88 | $16.91 | -12.12% |
Today vs. 1 month ago
Amount | 09:34 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 BOMB | $0.007440 | $0.{4}8480 | -- |
1 BOMB | $0.01488 | $0.0001696 | -- |
5 BOMB | $0.07440 | $0.0008480 | -- |
10 BOMB | $0.1488 | $0.001696 | -- |
50 BOMB | $0.7440 | $0.008480 | -- |
100 BOMB | $1.49 | $0.01696 | -- |
500 BOMB | $7.44 | $0.08480 | -- |
1000 BOMB | $14.88 | $0.1696 | -- |
Today vs. 1 year ago
Amount | 09:34 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BOMB | $0.007440 | $0.{4}8480 | -- |
1 BOMB | $0.01488 | $0.0001696 | -- |
5 BOMB | $0.07440 | $0.0008480 | -- |
10 BOMB | $0.1488 | $0.001696 | -- |
50 BOMB | $0.7440 | $0.008480 | -- |
100 BOMB | $1.49 | $0.01696 | -- |
500 BOMB | $7.44 | $0.08480 | -- |
1000 BOMB | $14.88 | $0.1696 | -- |
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