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SOC to NAD Converter and calculator

SOC/NAD: 1 SOC = 0.00 NAD. The price of converting 1 socrates (SOC) to Namibian Dollar (NAD) is 0.00 NAD today.
SOC
SOC
NAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SOC to NAD real-time exchange rates, making it easy to convert socrates (SOC) to Namibian Dollar (NAD). The conversion result is based on real-time data. The conversion result shows that 1 SOC is currently valued at 0 NAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOC is currently valued at 0 NAD, which means buying 5 SOC would cost 0 NAD. Similarly, N$1 NAD can be converted to Infinity SOC, and N$50 NAD can be converted to Infinity SOC, excluding any platform or gas fees.

Convert SOC to NAD

Convert NAD to SOC

socrates
Namibian Dollar
In the table above, you'll find a comprehensive SOC to NAD converter that shows the value of socrates in Namibian Dollar across commonly used conversion amounts. The list covers conversions from 1 SOC to NAD, all the way up to 10000 SOC, providing a clear view of their respective values.
Namibian Dollar
socrates
100000 NAD
Infinity SOC
In the table above, you'll find a comprehensive NAD to SOC converter that shows the value of Namibian Dollar in socrates across commonly used conversion amounts. The list covers conversions from 1 NAD to SOC, all the way up to 100000 NAD, providing a clear view of their respective values.

SOC to NAD chart

SOC/NAD: 1 SOC = 0 NAD; 2025/04/27 22:18:47
In the past 1D, socrates has changed +4.96% to NAD. Based on the trend and price charts, socrates(SOC) has changed +4.96% to NAD while Namibian Dollar(NAD) has changed % to SOC in the last 24 hours.
1D7D1M3M1YAll

SOC to NAD conversion data: Volatility and price changes of socrates in NAD

The highest socrates price in NAD over the past 7 days was 1.36 NAD while the lowest socrates price in NAD over the past 7 days was 1.09 NAD. The relative change between the highs and lows in socrates price in NAD over the last 7 days indicates a volatility of %. You can view additional volatility data and SOC to NAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
1.18 NAD
1.36 NAD
1.36 NAD
1.43 NAD
Low
1.12 NAD
1.09 NAD
1.09 NAD
0.1588 NAD
Average
0 NAD
0 NAD
0 NAD
0 NAD
Volatility
%
%
%
%
Change
+4.96%
-8.76%
+4.67%
-82.97%

socrates information

SOC to NAD market statistics

SOC/NAD:
--
SOC 24h volume:
--
SOC market cap:
--
SOC circulating supply:
0 SOC

Current SOC to NAD exchange rate

socrates to Namibian Dollar is falling this week.
socrates's current market price is N$0 per SOC, with a total market cap of N$0 NAD based on a circulating supply of -- SOC. The trading volume of socrates has changed by 0.00% (N$0 NAD) in the last 24 hours. Last trading day, SOC's trading volume was N$0.

More info about socrates 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.

Bitget crypto-to-fiat exchange data shows that the most popular socrates currency pair is the SOC to NAD, with for socrates's currency code being SOC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

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How to convert SOC to NAD

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SOC to NAD Conversion tables

The exchange rate of socrates is increasing.
The exchange rate of 1 SOC to Namibian Dollar has changed by -8.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.96%, reaching a high of 1.18 NAD and a low of 1.12 NAD . One month ago, the value of 1 SOC was N$-0.05 NAD , which represents a +4.67% change from its current value. Over the last year, socrates has changed by
-N$
73.2NAD
, resulting in a change of -98.42% in its value.
24 hours ago1 month ago1 year ago
Amount22:18 today24 hours ago24h change
0.5 SOCN$0N$-0.02779
+4.96%
1 SOCN$0N$-0.05559
+4.96%
5 SOCN$0N$-0.2779
+4.96%
10 SOCN$0N$-0.5559
+4.96%
50 SOCN$0N$-2.7793
+4.96%
100 SOCN$0N$-5.5586
+4.96%
500 SOCN$0N$-27.7928
+4.96%
1000 SOCN$0N$-55.5856
+4.96%

SOC to NAD FAQ

How much is 1 socrates in NAD?
Right now, the price of 1 socrates (SOC) in Namibian Dollar (NAD) is N$0.
How much SOC can I buy for 1 NAD?
Based on the current exchange rate, you can get Infinity SOC for 1 NAD.
How do I calculate or convert SOC to NAD?
You can use our SOC to NAD calculator at the top of this page to convert any amount of SOC to NAD. We've also included quick-reference tables for the most popular conversions. For example, 5 NAD is equivalent to Infinity SOC, while 5 SOC will cost around 0.00NAD.
What is the highest price of SOC/NAD in history?
The all-time high price of 1 SOC in NAD is N$303.08. It remains to be seen if the value of 1 SOC/NAD will exceed the current all-time high.
What is the price trend of socrates in NAD?
Over the past 7 days, the exchange rate of socrates (SOC) has gone down by 8.76%.   Over the last month, the exchange rate of socrates (SOC) has gone up by 4.67% against Namibian Dollar (NAD).

What factors influence the conversion rate of SOC to NAD?

There are many factors that affect the relationship between socrates and Namibian Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SOC/NAD. When there is positive news in the market about the widespread adoption of SOC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOC/NAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOC/NAD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SOC/NAD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of socrates and adjust their investment strategies accordingly in the evolving market.

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