ELET
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 Elementeum(ELET) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 ELET at a value of 1 ELET for 0.01 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 Elementeum currency pair is the ELET to NAD, with for Elementeum's currency code being ELET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
ELET to NAD conversion rate trend
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In the past 1D, Elementeum has changed +5.26% to NAD. Based on the trend and price charts, Elementeum(ELET) has changed +5.26% to NAD while Namibian Dollar(NAD) has changed % to ELET in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.01164 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 16:31:52(UTC+0)
How to buy Elementeum
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Elementeum (ELET)
Use a variety of payment options to buy Elementeum on Bitget. We'll show you how.
Buy ELET (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of ELET with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy ELET 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 ELET (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of ELET to NAD. However, you can first exchange ELET 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 Elementeum to Namibian Dollar?
Elementeum to Namibian Dollar is rising this week.Elementeum's current market price is $ 0.01157 per ELET, with a total market cap of $ 60,410.41 NAD based on a circulating supply of 5,223,113.5 ELET. The trading volume of Elementeum has changed by +6.97% ($ 23.27 NAD) in the last 24 hours. Last trading day, ELET's trading volume was $ 333.94.
Market cap
$3.34K
24h volume
$19.73513686
Circulating supply
5.22M ELET
Conversion tables
The exchange rate of Elementeum is decreasing.1 ELET is currently valued at $ 0.01157 NAD , which means buying 5 ELET will cost $ 0.05783 NAD . Similarly, $1 NAD can be traded for 86.46 ELET, and $50 NAD can be converted to 4,323.02 ELET, excluding any platform or gas fees.
The exchange rate of 1 ELET to Namibian Dollar has changed by +9.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.26%, reaching a high of 0.01183 NAD and a low of 0.01066 NAD . One month ago, the value of 1 ELET was $ 0.02289 NAD , which represents a -49.47% change from its current value. Over the last year, Elementeum has changed by , resulting in a change of -83.99% in its value.
-$
0.06070NADELET to NAD
Amount
22:32 today
0.5 ELET
$0.005783
1 ELET
$0.01157
5 ELET
$0.05783
10 ELET
$0.1157
50 ELET
$0.5783
100 ELET
$1.16
500 ELET
$5.78
1000 ELET
$11.57
NAD to ELET
Amount22:32 today
0.5NAD43.23 ELET
1NAD86.46 ELET
5NAD432.3 ELET
10NAD864.6 ELET
50NAD4,323.02 ELET
100NAD8,646.05 ELET
500NAD43,230.24 ELET
1000NAD86,460.48 ELET
Today vs. 24 hours ago
| Amount | 22:32 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ELET | $0.0003195 | $0.0003035 | +5.26% |
| 1 ELET | $0.0006390 | $0.0006071 | +5.26% |
| 5 ELET | $0.003195 | $0.003035 | +5.26% |
| 10 ELET | $0.006390 | $0.006071 | +5.26% |
| 50 ELET | $0.03195 | $0.03035 | +5.26% |
| 100 ELET | $0.06390 | $0.06071 | +5.26% |
| 500 ELET | $0.3195 | $0.3035 | +5.26% |
| 1000 ELET | $0.6390 | $0.6071 | +5.26% |
Today vs. 1 month ago
| Amount | 22:32 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ELET | $0.0003195 | $0.0006324 | -49.47% |
| 1 ELET | $0.0006390 | $0.001265 | -49.47% |
| 5 ELET | $0.003195 | $0.006324 | -49.47% |
| 10 ELET | $0.006390 | $0.01265 | -49.47% |
| 50 ELET | $0.03195 | $0.06324 | -49.47% |
| 100 ELET | $0.06390 | $0.1265 | -49.47% |
| 500 ELET | $0.3195 | $0.6324 | -49.47% |
| 1000 ELET | $0.6390 | $1.26 | -49.47% |
Today vs. 1 year ago
| Amount | 22:32 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ELET | $0.0003195 | $0.001996 | -83.99% |
| 1 ELET | $0.0006390 | $0.003992 | -83.99% |
| 5 ELET | $0.003195 | $0.01996 | -83.99% |
| 10 ELET | $0.006390 | $0.03992 | -83.99% |
| 50 ELET | $0.03195 | $0.1996 | -83.99% |
| 100 ELET | $0.06390 | $0.3992 | -83.99% |
| 500 ELET | $0.3195 | $2 | -83.99% |
| 1000 ELET | $0.6390 | $3.99 | -83.99% |
Elementeum price prediction
What will the price of ELET be in 2025?
Based on ELET's historical price performance prediction model, the price of ELET is projected to reach $0.001090 in 2025.
What will the price of ELET be in 2030?
In 2030, the ELET price is expected to change by +5.00%. By the end of 2030, the ELET price is projected to reach $0.001982, with a cumulative ROI of +215.49%.
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Popular Elementeum conversions
Check out these popular currency conversions of Elementeum to several fiat currencies.
Elementeum to USD
1 ELET to $ 0.0006390 USD
Elementeum to GBP
1 ELET to £ 0.0005074 GBP
Elementeum to EUR
1 ELET to € 0.0006101 EUR
Elementeum to KRW
1 ELET to ₩ 0.8957 KRW
Elementeum to CAD
1 ELET to $ 0.0008927 CAD
Elementeum to AUD
1 ELET to $ 0.0009807 AUD
Elementeum to JPY
1 ELET to ¥ 0.09873 JPY
Elementeum to BRL
1 ELET to R$ 0.003716 BRL
Elementeum to CNY
1 ELET to ¥ 0.004631 CNY
Elementeum to TWD
1 ELET to NT$ 0.02081 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Elementeum.
MAD to NAD
1 MAD to $ -- NAD
XRP to NAD
1 XRP to $ 21.74 NAD
EGO to NAD
1 EGO to $ 0.3653 NAD
Sharpe AI to NAD
1 SAI to $ 0.6480 NAD
Solana to NAD
1 SOL to $ 4,598.08 NAD
Bitcoin to NAD
1 BTC to $ 1,777,035.37 NAD
Dogecoin to NAD
1 DOGE to $ 6.98 NAD
Pepe to NAD
1 PEPE to $ 0.0003755 NAD
Peanut the Squirrel to NAD
1 PNUT to $ 24.64 NAD
Sui to NAD
1 SUI to $ 65.95 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 Elementeum 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 Elementeum 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 Elementeum 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.
