B3 to NAD Converter and calculator
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Conversion rates
Convert B3 to NAD
Convert NAD to B3
B3 to NAD chart
B3 to NAD conversion data: Volatility and price changes of B3 (Base) in NAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.05902 NAD | 0.06209 NAD | 0.06715 NAD | 0.1024 NAD |
Low | 0.05640 NAD | 0.05263 NAD | 0.04482 NAD | 0.04300 NAD |
Average | 0 NAD | 0 NAD | 0 NAD | 0 NAD |
Volatility | % | % | % | % |
Change | +2.38% | +3.68% | +22.18% | -35.65% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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B3 (Base) information
B3 to NAD market statistics
Current B3 to NAD exchange rate
B3 (Base) to Namibian Dollar is rising this week.More info about B3 (Base) on Bitget
Namibian Dollar 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.
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B3 to NAD Conversion tables
Amount | 06:38 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 B3 | N$0.02883 | N$0.02815 | +2.38% |
1 B3 | N$0.05765 | N$0.05630 | +2.38% |
5 B3 | N$0.2883 | N$0.2815 | +2.38% |
10 B3 | N$0.5765 | N$0.5630 | +2.38% |
50 B3 | N$2.88 | N$2.82 | +2.38% |
100 B3 | N$5.77 | N$5.63 | +2.38% |
500 B3 | N$28.83 | N$28.15 | +2.38% |
1000 B3 | N$57.65 | N$56.3 | +2.38% |
B3 to NAD FAQ
What factors influence the conversion rate of B3 to NAD?
Popular exchange rates — Crypto-to-Fiat converter
The price of B3 (Base) in the US is $0.003291 USD. Additionally, B3 (Base)’s price is €0.002812 EUR in the eurozone, £0.002424 GBP in the UK, C$0.004529 CAD in Canada, ₹0.2876 INR in India, ₨0.9345 PKR in Pakistan, R$0.01775 BRL in Brazil, and more.
The most popular B3 (Base) currency pair is the B3 to Namibian Dollar(NAD). The price of 1 B3 (Base) (B3) in Namibian Dollar (NAD) is N$0.05765.
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