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LAB to NAD Converter and calculator

LAB/NAD: 1 LAB = 0.002956 NAD. The price of converting 1 The Professor (LAB) to Namibian Dollar (NAD) is 0.002956 NAD today.
LAB
LAB
NAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LAB to NAD real-time exchange rates, making it easy to convert The Professor (LAB) to Namibian Dollar (NAD). The conversion result is based on real-time data. The conversion result shows that 1 LAB is currently valued at 0.00 NAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LAB is currently valued at 0.00 NAD, which means buying 5 LAB would cost 0.01 NAD. Similarly, N$1 NAD can be converted to 338.27 LAB, and N$50 NAD can be converted to 1,691.33 LAB, excluding any platform or gas fees.

Convert LAB to NAD

Convert NAD to LAB

The Professor
Namibian Dollar
In the table above, you'll find a comprehensive LAB to NAD converter that shows the value of The Professor in Namibian Dollar across commonly used conversion amounts. The list covers conversions from 1 LAB to NAD, all the way up to 10000 LAB, providing a clear view of their respective values.
Namibian Dollar
The Professor
1000 NAD
338,266.95 LAB
5000 NAD
1,691,334.74 LAB
10000 NAD
3,382,669.48 LAB
50000 NAD
16,913,347.41 LAB
100000 NAD
33,826,694.82 LAB
In the table above, you'll find a comprehensive NAD to LAB converter that shows the value of Namibian Dollar in The Professor across commonly used conversion amounts. The list covers conversions from 1 NAD to LAB, all the way up to 100000 NAD, providing a clear view of their respective values.

LAB to NAD chart

LAB/NAD: 1 LAB = 0.002956 NAD; 2025/04/29 20:05:08
In the past 1D, The Professor has changed -0.00% to NAD. Based on the trend and price charts, The Professor(LAB) has changed -0.00% to NAD while Namibian Dollar(NAD) has changed % to LAB in the last 24 hours.
1D7D1M3M1YAll

LAB to NAD conversion data: Volatility and price changes of The Professor in NAD

The highest The Professor price in NAD over the past 7 days was 0.003250 NAD while the lowest The Professor price in NAD over the past 7 days was 0.002840 NAD. The relative change between the highs and lows in The Professor price in NAD over the last 7 days indicates a volatility of %. You can view additional volatility data and LAB to NAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.002955 NAD
0.003250 NAD
0.003405 NAD
0.02499 NAD
Low
0.002955 NAD
0.002840 NAD
0.001749 NAD
0.001749 NAD
Average
0 NAD
0 NAD
0 NAD
0 NAD
Volatility
%
%
%
%
Change
-0.00%
+5.66%
+7.11%
-81.68%

The Professor information

LAB to NAD market statistics

LAB/NAD:
N$0.002956
LAB 24h volume:
--
LAB market cap:
--
LAB circulating supply:
0 LAB

Current LAB to NAD exchange rate

The Professor to Namibian Dollar is rising this week.
The Professor's current market price is N$0.002956 per LAB, with a total market cap of N$0 NAD based on a circulating supply of -- LAB. The trading volume of The Professor has changed by 0.00% (N$0 NAD) in the last 24 hours. Last trading day, LAB's trading volume was N$0.

More info about The Professor 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 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 The Professor currency pair is the LAB to NAD, with for The Professor's currency code being LAB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.

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How to convert LAB to NAD

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Bitget P2P trading does not currently support direct buying of LAB with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy LAB with USDT via Bitget spot market.
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LAB to NAD Conversion tables

The exchange rate of The Professor is increasing.
The exchange rate of 1 LAB to Namibian Dollar has changed by +5.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.00%, reaching a high of 0.002955 NAD and a low of 0.002955 NAD . One month ago, the value of 1 LAB was N$0.002760 NAD , which represents a +7.11% change from its current value. Over the last year, The Professor has changed by
-N$
0.04967NAD
, resulting in a change of -94.38% in its value.
24 hours ago1 month ago1 year ago
Amount20:05 today24 hours ago24h change
0.5 LABN$0.001478N$0.001478
-0.00%
1 LABN$0.002956N$0.002956
-0.00%
5 LABN$0.01478N$0.01478
-0.00%
10 LABN$0.02956N$0.02956
-0.00%
50 LABN$0.1478N$0.1478
-0.00%
100 LABN$0.2956N$0.2956
-0.00%
500 LABN$1.48N$1.48
-0.00%
1000 LABN$2.96N$2.96
-0.00%

LAB to NAD FAQ

How much is 1 The Professor in NAD?
Right now, the price of 1 The Professor (LAB) in Namibian Dollar (NAD) is N$0.002956.
How much LAB can I buy for 1 NAD?
Based on the current exchange rate, you can get 338.27 LAB for 1 NAD.
How do I calculate or convert LAB to NAD?
You can use our LAB to NAD calculator at the top of this page to convert any amount of LAB to NAD. We've also included quick-reference tables for the most popular conversions. For example, 5 NAD is equivalent to 1,691.33 LAB, while 5 LAB will cost around 0.01478NAD.
What is the highest price of LAB/NAD in history?
The all-time high price of 1 LAB in NAD is N$0.5179. It remains to be seen if the value of 1 LAB/NAD will exceed the current all-time high.
What is the price trend of The Professor in NAD?
Over the past 7 days, the exchange rate of The Professor (LAB) has gone up by 5.66%.   Over the last month, the exchange rate of The Professor (LAB) has gone up by 7.11% against Namibian Dollar (NAD).

What factors influence the conversion rate of LAB to NAD?

There are many factors that affect the relationship between The Professor and Namibian Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of LAB/NAD. When there is positive news in the market about the widespread adoption of LAB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LAB/NAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LAB/NAD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of LAB/NAD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of The Professor and adjust their investment strategies accordingly in the evolving market.

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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.