DEM
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 Deutsche eMark(DEM) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 DEM at a value of 1 DEM for 0.05 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 Deutsche eMark currency pair is the DEM to NAD, with for Deutsche eMark's currency code being DEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
DEM to NAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Deutsche eMark has changed -25.08% to NAD. Based on the trend and price charts, Deutsche eMark(DEM) has changed -25.08% to NAD while Namibian Dollar(NAD) has changed % to DEM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.05304 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:31:18(UTC+0)
How to buy Deutsche eMark
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Deutsche eMark (DEM)
Use a variety of payment options to buy Deutsche eMark on Bitget. We'll show you how.
Buy DEM (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of DEM with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy DEM 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 DEM (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of DEM to NAD. However, you can first exchange DEM 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Deutsche eMark to Namibian Dollar?
Deutsche eMark to Namibian Dollar is falling this week.Deutsche eMark's current market price is $ 0.05297 per DEM, with a total market cap of $ 8,382,107.28 NAD based on a circulating supply of 158,230,420 DEM. The trading volume of Deutsche eMark has changed by +13921.36% ($ 2,627 NAD) in the last 24 hours. Last trading day, DEM's trading volume was $ 18.87.
Market cap
$464.16K
24h volume
$146.51659748
Circulating supply
158.23M DEM
Conversion tables
The exchange rate of Deutsche eMark is increasing.1 DEM is currently valued at $ 0.05297 NAD , which means buying 5 DEM will cost $ 0.2649 NAD . Similarly, $1 NAD can be traded for 18.88 DEM, and $50 NAD can be converted to 943.86 DEM, excluding any platform or gas fees.
The exchange rate of 1 DEM to Namibian Dollar has changed by -18.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -25.08%, reaching a high of 0.07124 NAD and a low of 0.05217 NAD . One month ago, the value of 1 DEM was $ 0.04809 NAD , which represents a +10.15% change from its current value. Over the last year, Deutsche eMark has changed by , resulting in a change of -35.30% in its value.
-$
0.02890NADDEM to NAD
Amount
00:58 am today
0.5 DEM
$0.02649
1 DEM
$0.05297
5 DEM
$0.2649
10 DEM
$0.5297
50 DEM
$2.65
100 DEM
$5.3
500 DEM
$26.49
1000 DEM
$52.97
NAD to DEM
Amount00:58 am today
0.5NAD9.44 DEM
1NAD18.88 DEM
5NAD94.39 DEM
10NAD188.77 DEM
50NAD943.86 DEM
100NAD1,887.72 DEM
500NAD9,438.58 DEM
1000NAD18,877.16 DEM
Today vs. 24 hours ago
| Amount | 00:58 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DEM | $0.001467 | $0.001958 | -25.08% |
| 1 DEM | $0.002933 | $0.003915 | -25.08% |
| 5 DEM | $0.01467 | $0.01958 | -25.08% |
| 10 DEM | $0.02933 | $0.03915 | -25.08% |
| 50 DEM | $0.1467 | $0.1958 | -25.08% |
| 100 DEM | $0.2933 | $0.3915 | -25.08% |
| 500 DEM | $1.47 | $1.96 | -25.08% |
| 1000 DEM | $2.93 | $3.92 | -25.08% |
Today vs. 1 month ago
| Amount | 00:58 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DEM | $0.001467 | $0.001332 | +10.15% |
| 1 DEM | $0.002933 | $0.002663 | +10.15% |
| 5 DEM | $0.01467 | $0.01332 | +10.15% |
| 10 DEM | $0.02933 | $0.02663 | +10.15% |
| 50 DEM | $0.1467 | $0.1332 | +10.15% |
| 100 DEM | $0.2933 | $0.2663 | +10.15% |
| 500 DEM | $1.47 | $1.33 | +10.15% |
| 1000 DEM | $2.93 | $2.66 | +10.15% |
Today vs. 1 year ago
| Amount | 00:58 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DEM | $0.001467 | $0.002267 | -35.30% |
| 1 DEM | $0.002933 | $0.004534 | -35.30% |
| 5 DEM | $0.01467 | $0.02267 | -35.30% |
| 10 DEM | $0.02933 | $0.04534 | -35.30% |
| 50 DEM | $0.1467 | $0.2267 | -35.30% |
| 100 DEM | $0.2933 | $0.4534 | -35.30% |
| 500 DEM | $1.47 | $2.27 | -35.30% |
| 1000 DEM | $2.93 | $4.53 | -35.30% |
Deutsche eMark price prediction
What will the price of DEM be in 2025?
Based on DEM's historical price performance prediction model, the price of DEM is projected to reach $0.003293 in 2025.
What will the price of DEM be in 2030?
In 2030, the DEM price is expected to change by -2.00%. By the end of 2030, the DEM price is projected to reach $0.003927, with a cumulative ROI of -0.15%.
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Popular Deutsche eMark conversions
Check out these popular currency conversions of Deutsche eMark to several fiat currencies.
Deutsche eMark to USD
1 DEM to $ 0.002933 USD
Deutsche eMark to GBP
1 DEM to £ 0.002329 GBP
Deutsche eMark to EUR
1 DEM to € 0.002799 EUR
Deutsche eMark to KRW
1 DEM to ₩ 4.12 KRW
Deutsche eMark to CAD
1 DEM to $ 0.004093 CAD
Deutsche eMark to AUD
1 DEM to $ 0.004488 AUD
Deutsche eMark to JPY
1 DEM to ¥ 0.4525 JPY
Deutsche eMark to BRL
1 DEM to R$ 0.01702 BRL
Deutsche eMark to CNY
1 DEM to ¥ 0.02133 CNY
Deutsche eMark to TWD
1 DEM to NT$ 0.09558 TWD
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Explore other cryptocurrencies based on your interest in Deutsche eMark.
Bitcoin to NAD
1 BTC to $ 1,771,264.36 NAD
MAD to NAD
1 MAD to $ 0.0007456 NAD
XRP to NAD
1 XRP to $ 25.45 NAD
Stellar to NAD
1 XLM to $ 9.53 NAD
Kusama to NAD
1 KSM to $ 721.16 NAD
Dogecoin to NAD
1 DOGE to $ 7.67 NAD
Hedera to NAD
1 HBAR to $ 2.58 NAD
Cardano to NAD
1 ADA to $ 18.25 NAD
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1 DOT to $ 156.56 NAD
Solana to NAD
1 SOL to $ 4,546.93 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 Deutsche eMark 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 Deutsche eMark 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 Deutsche eMark 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.
