SOLAMA
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 Solama(SOLAMA) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 SOLAMA at a value of 1 SOLAMA for 0.53 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 Solama currency pair is the SOLAMA to NAD, with for Solama's currency code being SOLAMA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
SOLAMA to NAD conversion rate trend
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In the past 1D, Solama has changed +24.87% to NAD. Based on the trend and price charts, Solama(SOLAMA) has changed +24.87% to NAD while Namibian Dollar(NAD) has changed % to SOLAMA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.5173 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/08 08:30:33(UTC+0)
How to buy Solama
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Buy Solama (SOLAMA)
Use a variety of payment options to buy Solama on Bitget. We'll show you how.
Buy SOLAMA (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of SOLAMA with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy SOLAMA with USDT via Bitget spot market.
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Sell SOLAMA (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of SOLAMA to NAD. However, you can first exchange SOLAMA 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 Solama to Namibian Dollar?
Solama to Namibian Dollar is rising this week.Solama's current market price is $ 0.5302 per SOLAMA, with a total market cap of $ 346,702,902.43 NAD based on a circulating supply of 653,868,100 SOLAMA. The trading volume of Solama has changed by +53.14% ($ 3,707,118.87 NAD) in the last 24 hours. Last trading day, SOLAMA's trading volume was $ 6,975,939.46.
Market cap
$19.80M
24h volume
$610.15K
Circulating supply
653.87M SOLAMA
Conversion tables
The exchange rate of Solama is increasing.1 SOLAMA is currently valued at $ 0.5302 NAD , which means buying 5 SOLAMA will cost $ 2.65 NAD . Similarly, $1 NAD can be traded for 1.89 SOLAMA, and $50 NAD can be converted to 94.3 SOLAMA, excluding any platform or gas fees.
The exchange rate of 1 SOLAMA to Namibian Dollar has changed by +21.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +24.87%, reaching a high of 0.5323 NAD and a low of 0.4225 NAD . One month ago, the value of 1 SOLAMA was $ 0.2406 NAD , which represents a +120.34% change from its current value. Over the last year, Solama has changed by , resulting in a change of +690.77% in its value.
+$
0.5302NADSOLAMA to NAD
Amount
13:24 today
0.5 SOLAMA
$0.2651
1 SOLAMA
$0.5302
5 SOLAMA
$2.65
10 SOLAMA
$5.3
50 SOLAMA
$26.51
100 SOLAMA
$53.02
500 SOLAMA
$265.12
1000 SOLAMA
$530.23
NAD to SOLAMA
Amount13:24 today
0.5NAD0.9430 SOLAMA
1NAD1.89 SOLAMA
5NAD9.43 SOLAMA
10NAD18.86 SOLAMA
50NAD94.3 SOLAMA
100NAD188.6 SOLAMA
500NAD942.98 SOLAMA
1000NAD1,885.96 SOLAMA
Today vs. 24 hours ago
| Amount | 13:24 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOLAMA | $0.01514 | $0.01213 | +24.87% |
| 1 SOLAMA | $0.03028 | $0.02425 | +24.87% |
| 5 SOLAMA | $0.1514 | $0.1213 | +24.87% |
| 10 SOLAMA | $0.3028 | $0.2425 | +24.87% |
| 50 SOLAMA | $1.51 | $1.21 | +24.87% |
| 100 SOLAMA | $3.03 | $2.43 | +24.87% |
| 500 SOLAMA | $15.14 | $12.13 | +24.87% |
| 1000 SOLAMA | $30.28 | $24.25 | +24.87% |
Today vs. 1 month ago
| Amount | 13:24 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOLAMA | $0.01514 | $0.006872 | +120.34% |
| 1 SOLAMA | $0.03028 | $0.01374 | +120.34% |
| 5 SOLAMA | $0.1514 | $0.06872 | +120.34% |
| 10 SOLAMA | $0.3028 | $0.1374 | +120.34% |
| 50 SOLAMA | $1.51 | $0.6872 | +120.34% |
| 100 SOLAMA | $3.03 | $1.37 | +120.34% |
| 500 SOLAMA | $15.14 | $6.87 | +120.34% |
| 1000 SOLAMA | $30.28 | $13.74 | +120.34% |
Today vs. 1 year ago
| Amount | 13:24 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOLAMA | $0.01514 | $-0.{6}1621 | +690.77% |
| 1 SOLAMA | $0.03028 | $-0.{6}3241 | +690.77% |
| 5 SOLAMA | $0.1514 | $-0.{5}1621 | +690.77% |
| 10 SOLAMA | $0.3028 | $-0.{5}3241 | +690.77% |
| 50 SOLAMA | $1.51 | $-0.{4}1621 | +690.77% |
| 100 SOLAMA | $3.03 | $-0.{4}3241 | +690.77% |
| 500 SOLAMA | $15.14 | $-0.0001621 | +690.77% |
| 1000 SOLAMA | $30.28 | $-0.0003241 | +690.77% |
Solama price prediction
What will the price of SOLAMA be in 2025?
Based on SOLAMA's historical price performance prediction model, the price of SOLAMA is projected to reach $0.02733 in 2025.
What will the price of SOLAMA be in 2030?
In 2030, the SOLAMA price is expected to change by -5.00%. By the end of 2030, the SOLAMA price is projected to reach $0.04381, with a cumulative ROI of +51.48%.
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Popular Solama conversions
Check out these popular currency conversions of Solama to several fiat currencies.
Solama to USD
1 SOLAMA to $ 0.03028 USD
Solama to GBP
1 SOLAMA to £ 0.02339 GBP
Solama to EUR
1 SOLAMA to € 0.02811 EUR
Solama to KRW
1 SOLAMA to ₩ 42.02 KRW
Solama to CAD
1 SOLAMA to $ 0.04212 CAD
Solama to AUD
1 SOLAMA to $ 0.04571 AUD
Solama to JPY
1 SOLAMA to ¥ 4.61 JPY
Solama to BRL
1 SOLAMA to R$ 0.1741 BRL
Solama to CNY
1 SOLAMA to ¥ 0.2172 CNY
Solama to TWD
1 SOLAMA to NT$ 0.9739 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Solama.
Bitcoin to NAD
1 BTC to $ 1,330,347.15 NAD
The dev is an Ape to NAD
1 APEDEV to $ -- NAD
PepeCoin to NAD
1 PEPECOIN to $ 63.95 NAD
SUNDOG to NAD
1 SUNDOG to $ 2.42 NAD
Solana to NAD
1 SOL to $ 3,549.47 NAD
Ethereum to NAD
1 ETH to $ 51,393.81 NAD
Pepe to NAD
1 PEPE to $ 0.0001904 NAD
Swell Network to NAD
1 SWELL to $ 0.7880 NAD
Sui to NAD
1 SUI to $ 40.42 NAD
Meson Network to NAD
1 MSN to $ -- 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 Solama 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 Solama 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 Solama 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.
