ELMON
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 Elemon(ELMON) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 ELMON at a value of 1 ELMON for 0.02 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 Elemon currency pair is the ELMON to NAD, with for Elemon's currency code being ELMON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
ELMON to NAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Elemon has changed -0.01% to NAD. Based on the trend and price charts, Elemon(ELMON) has changed -0.01% to NAD while Namibian Dollar(NAD) has changed % to ELMON in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01659 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:31:18(UTC+0)
How to buy Elemon
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Buy Elemon (ELMON)
Use a variety of payment options to buy Elemon on Bitget. We'll show you how.
Buy ELMON (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of ELMON with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy ELMON with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell ELMON (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of ELMON to NAD. However, you can first exchange ELMON 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 Elemon to Namibian Dollar?
Elemon to Namibian Dollar is falling this week.Elemon's current market price is $ 0.01662 per ELMON, with a total market cap of $ 10,719,779.35 NAD based on a circulating supply of 644,908,300 ELMON. The trading volume of Elemon has changed by +65.51% ($ 1,568.44 NAD) in the last 24 hours. Last trading day, ELMON's trading volume was $ 2,394.23.
Market cap
$584.75K
24h volume
$216.15848471
Circulating supply
644.91M ELMON
Conversion tables
The exchange rate of Elemon is decreasing.1 ELMON is currently valued at $ 0.01662 NAD , which means buying 5 ELMON will cost $ 0.08311 NAD . Similarly, $1 NAD can be traded for 60.16 ELMON, and $50 NAD can be converted to 3,008.03 ELMON, excluding any platform or gas fees.
The exchange rate of 1 ELMON to Namibian Dollar has changed by -9.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 0.01662 NAD and a low of 0.01630 NAD . One month ago, the value of 1 ELMON was $ 0.01853 NAD , which represents a -10.29% change from its current value. Over the last year, Elemon has changed by , resulting in a change of -2.52% in its value.
-$
0.0004293NADELMON to NAD
Amount
12:41 today
0.5 ELMON
$0.008311
1 ELMON
$0.01662
5 ELMON
$0.08311
10 ELMON
$0.1662
50 ELMON
$0.8311
100 ELMON
$1.66
500 ELMON
$8.31
1000 ELMON
$16.62
NAD to ELMON
Amount12:41 today
0.5NAD30.08 ELMON
1NAD60.16 ELMON
5NAD300.8 ELMON
10NAD601.61 ELMON
50NAD3,008.03 ELMON
100NAD6,016.06 ELMON
500NAD30,080.3 ELMON
1000NAD60,160.59 ELMON
Today vs. 24 hours ago
| Amount | 12:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ELMON | $0.0004534 | $0.0004534 | -0.01% |
| 1 ELMON | $0.0009067 | $0.0009068 | -0.01% |
| 5 ELMON | $0.004534 | $0.004534 | -0.01% |
| 10 ELMON | $0.009067 | $0.009068 | -0.01% |
| 50 ELMON | $0.04534 | $0.04534 | -0.01% |
| 100 ELMON | $0.09067 | $0.09068 | -0.01% |
| 500 ELMON | $0.4534 | $0.4534 | -0.01% |
| 1000 ELMON | $0.9067 | $0.9068 | -0.01% |
Today vs. 1 month ago
| Amount | 12:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ELMON | $0.0004534 | $0.0005054 | -10.29% |
| 1 ELMON | $0.0009067 | $0.001011 | -10.29% |
| 5 ELMON | $0.004534 | $0.005054 | -10.29% |
| 10 ELMON | $0.009067 | $0.01011 | -10.29% |
| 50 ELMON | $0.04534 | $0.05054 | -10.29% |
| 100 ELMON | $0.09067 | $0.1011 | -10.29% |
| 500 ELMON | $0.4534 | $0.5054 | -10.29% |
| 1000 ELMON | $0.9067 | $1.01 | -10.29% |
Today vs. 1 year ago
| Amount | 12:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ELMON | $0.0004534 | $0.0004651 | -2.52% |
| 1 ELMON | $0.0009067 | $0.0009301 | -2.52% |
| 5 ELMON | $0.004534 | $0.004651 | -2.52% |
| 10 ELMON | $0.009067 | $0.009301 | -2.52% |
| 50 ELMON | $0.04534 | $0.04651 | -2.52% |
| 100 ELMON | $0.09067 | $0.09301 | -2.52% |
| 500 ELMON | $0.4534 | $0.4651 | -2.52% |
| 1000 ELMON | $0.9067 | $0.9301 | -2.52% |
Elemon price prediction
What will the price of ELMON be in 2025?
Based on ELMON's historical price performance prediction model, the price of ELMON is projected to reach $0.001081 in 2025.
What will the price of ELMON be in 2030?
In 2030, the ELMON price is expected to change by +1.00%. By the end of 2030, the ELMON price is projected to reach $0.001377, with a cumulative ROI of +51.89%.
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Popular Elemon conversions
Check out these popular currency conversions of Elemon to several fiat currencies.
Elemon to USD
1 ELMON to $ 0.0009067 USD
Elemon to GBP
1 ELMON to £ 0.0007217 GBP
Elemon to EUR
1 ELMON to € 0.0008713 EUR
Elemon to KRW
1 ELMON to ₩ 1.32 KRW
Elemon to CAD
1 ELMON to $ 0.001304 CAD
Elemon to AUD
1 ELMON to $ 0.001449 AUD
Elemon to JPY
1 ELMON to ¥ 0.1421 JPY
Elemon to BRL
1 ELMON to R$ 0.005518 BRL
Elemon to CNY
1 ELMON to ¥ 0.006625 CNY
Elemon to TWD
1 ELMON to NT$ 0.02965 TWD
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Explore other cryptocurrencies based on your interest in Elemon.
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1 BTC to $ 1,760,334.75 NAD
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1 XVG to $ 0.2326 NAD
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1 AAVE to $ 6,183.5 NAD
QuarkChain to NAD
1 QKC to $ 0.2162 NAD
Peanut the Squirrel to NAD
1 PNUT to $ 12.7 NAD
Steem to NAD
1 STEEM to $ 4.95 NAD
Frax Share to NAD
1 FXS to $ 59.31 NAD
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1 HIVE to $ 6.56 NAD
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1 MBL to $ 0.06622 NAD
Algorand to NAD
1 ALGO to $ 6.64 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 Elemon 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 Elemon 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 Elemon 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.
