DEG
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 Degis(DEG) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 DEG at a value of 1 DEG for 0.00 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 Degis currency pair is the DEG to NAD, with for Degis's currency code being DEG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
DEG to NAD conversion rate trend
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In the past 1D, Degis has changed +2.90% to NAD. Based on the trend and price charts, Degis(DEG) has changed +2.90% to NAD while Namibian Dollar(NAD) has changed % to DEG in the last 24 hours.
Conversion rate comparison of various exchanges
Best
Last updated 2024/07/16 01:00:03(UTC+0)
How to buy Degis
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Buy Degis (DEG)
Use a variety of payment options to buy Degis on Bitget. We'll show you how.
Learn MoreBuy DEG (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of DEG with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy DEG with USDT via Bitget spot market.
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Sell DEG (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of DEG to NAD. However, you can first exchange DEG for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Degis to Namibian Dollar?
Degis to Namibian Dollar is falling this week.Degis's current market price is $ 0.0004763 per DEG, with a total market cap of $ 0 NAD based on a circulating supply of -- DEG. The trading volume of Degis has changed by -99.58% ($ -31,421.20 NAD) in the last 24 hours. Last trading day, DEG's trading volume was $ 31,552.2.
Market cap
$0
24h volume
$7.22585428
Circulating supply
0 DEG
Conversion tables
The exchange rate of Degis is decreasing.1 DEG is currently valued at $ 0.0004763 NAD , which means buying 5 DEG will cost $ 0.002381 NAD . Similarly, $1 NAD can be traded for 2,099.71 DEG, and $50 NAD can be converted to 104,985.39 DEG, excluding any platform or gas fees.
The exchange rate of 1 DEG to Namibian Dollar has changed by -91.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.90%, reaching a high of 0.0004763 NAD and a low of 0.0004629 NAD . One month ago, the value of 1 DEG was $ 0.005750 NAD , which represents a -91.72% change from its current value. Over the last year, Degis has changed by , resulting in a change of -98.70% in its value.
-$
0.03623NADDEG to NAD
Amount
21:05 today
0.5 DEG
$0.0002381
1 DEG
$0.0004763
5 DEG
$0.002381
10 DEG
$0.004763
50 DEG
$0.02381
100 DEG
$0.04763
500 DEG
$0.2381
1000 DEG
$0.4763
NAD to DEG
Amount21:05 today
0.5NAD1,049.85 DEG
1NAD2,099.71 DEG
5NAD10,498.54 DEG
10NAD20,997.08 DEG
50NAD104,985.39 DEG
100NAD209,970.78 DEG
500NAD1,049,853.88 DEG
1000NAD2,099,707.76 DEG
Today vs. 24 hours ago
| Amount | 21:05 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DEG | $0.{4}1313 | $0.{4}1276 | +2.90% |
| 1 DEG | $0.{4}2627 | $0.{4}2553 | +2.90% |
| 5 DEG | $0.0001313 | $0.0001276 | +2.90% |
| 10 DEG | $0.0002627 | $0.0002553 | +2.90% |
| 50 DEG | $0.001313 | $0.001276 | +2.90% |
| 100 DEG | $0.002627 | $0.002553 | +2.90% |
| 500 DEG | $0.01313 | $0.01276 | +2.90% |
| 1000 DEG | $0.02627 | $0.02553 | +2.90% |
Today vs. 1 month ago
| Amount | 21:05 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DEG | $0.{4}1313 | $0.0001586 | -91.72% |
| 1 DEG | $0.{4}2627 | $0.0003172 | -91.72% |
| 5 DEG | $0.0001313 | $0.001586 | -91.72% |
| 10 DEG | $0.0002627 | $0.003172 | -91.72% |
| 50 DEG | $0.001313 | $0.01586 | -91.72% |
| 100 DEG | $0.002627 | $0.03172 | -91.72% |
| 500 DEG | $0.01313 | $0.1586 | -91.72% |
| 1000 DEG | $0.02627 | $0.3172 | -91.72% |
Today vs. 1 year ago
| Amount | 21:05 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DEG | $0.{4}1313 | $0.001012 | -98.70% |
| 1 DEG | $0.{4}2627 | $0.002025 | -98.70% |
| 5 DEG | $0.0001313 | $0.01012 | -98.70% |
| 10 DEG | $0.0002627 | $0.02025 | -98.70% |
| 50 DEG | $0.001313 | $0.1012 | -98.70% |
| 100 DEG | $0.002627 | $0.2025 | -98.70% |
| 500 DEG | $0.01313 | $1.01 | -98.70% |
| 1000 DEG | $0.02627 | $2.02 | -98.70% |
Degis price prediction
What will the price of DEG be in 2025?
Based on DEG's historical price performance prediction model, the price of DEG is projected to reach $0.001268 in 2025.
What will the price of DEG be in 2030?
In 2030, the DEG price is expected to change by -13.00%. By the end of 2030, the DEG price is projected to reach $0.002545, with a cumulative ROI of +9588.06%.
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Popular Degis conversions
Check out these popular currency conversions of Degis to several fiat currencies.
Degis to USD
1 DEG to $ 0.{4}2627 USD
Degis to GBP
1 DEG to £ 0.{4}2089 GBP
Degis to EUR
1 DEG to € 0.{4}2511 EUR
Degis to KRW
1 DEG to ₩ 0.03690 KRW
Degis to CAD
1 DEG to $ 0.{4}3669 CAD
Degis to AUD
1 DEG to $ 0.{4}4023 AUD
Degis to JPY
1 DEG to ¥ 0.004051 JPY
Degis to BRL
1 DEG to R$ 0.0001524 BRL
Degis to CNY
1 DEG to ¥ 0.0001905 CNY
Degis to TWD
1 DEG to NT$ 0.0008559 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Degis.
Bitcoin to NAD
1 BTC to $ 1,755,458.82 NAD
MAD to NAD
1 MAD to $ 0.0006831 NAD
XRP to NAD
1 XRP to $ 25.68 NAD
Stellar to NAD
1 XLM to $ 10.2 NAD
Kusama to NAD
1 KSM to $ 725.27 NAD
Dogecoin to NAD
1 DOGE to $ 7.74 NAD
Hedera to NAD
1 HBAR to $ 2.63 NAD
Cardano to NAD
1 ADA to $ 18.24 NAD
Polkadot to NAD
1 DOT to $ 159.07 NAD
Solana to NAD
1 SOL to $ 4,547.3 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 Degis 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 Degis 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 Degis 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.
