AMA๐ to NAD Converter and calculator

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Convert AMA๐ to NAD
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AMA๐ to NAD chart
AMA๐ to NAD conversion data: Volatility and price changes of in NAD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0 NAD | -- NAD | -- NAD | -- NAD |
Low | 0 NAD | -- NAD | -- NAD | -- NAD |
Average | 0 NAD | 0 NAD | 0 NAD | 0 NAD |
Volatility | % | % | % | % |
Change | -- | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
๐ฐ๐AMA๐๐ฐ information
AMA๐ to NAD market statistics
Current AMA๐ to NAD exchange rate
๐ฐ๐AMA๐๐ฐ to Namibian Dollar is falling this week.More info about ๐ฐ๐AMA๐๐ฐ 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 Namibiaโs 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 countryโs 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 nationโs 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 countryโs 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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AMA๐ to NAD Conversion tables
| Amount | 09:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 AMA๐ | N$0.002899 | N$-- | 0.00% |
1 AMA๐ | N$0.005798 | N$-- | 0.00% |
5 AMA๐ | N$0.02899 | N$-- | 0.00% |
10 AMA๐ | N$0.05798 | N$-- | 0.00% |
50 AMA๐ | N$0.2899 | N$-- | 0.00% |
100 AMA๐ | N$0.5798 | N$-- | 0.00% |
500 AMA๐ | N$2.9 | N$-- | 0.00% |
1000 AMA๐ | N$5.8 | N$-- | 0.00% |
AMA๐ to NAD FAQ
What factors influence the conversion rate of AMA๐ to NAD?
Popular exchange rates โ Crypto-to-Fiat converter
The price of ๐ฐ๐AMA๐๐ฐ in the US is $0.0003483 USD. Additionally, ๐ฐ๐AMA๐๐ฐโs price is โฌ0.0002958 EUR in the eurozone, ยฃ0.0002581 GBP in the UK, C$0.0004764 CAD in Canada, โน0.03129 INR in India, โจ0.09759 PKR in Pakistan, R$0.001923 BRL in Brazil, and more.
The most popular ๐ฐ๐AMA๐๐ฐ currency pair is the AMA๐ to Namibian Dollar(NAD). The price of 1 ๐ฐ๐AMA๐๐ฐ (AMA๐) in Namibian Dollar (NAD) is N$0.005798.
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