ROOT
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 The Root Network(ROOT) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT for 0.65 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 The Root Network currency pair is the ROOT to NAD, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
ROOT to NAD conversion rate trend
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In the past 1D, The Root Network has changed -2.89% to NAD. Based on the trend and price charts, The Root Network(ROOT) has changed -2.89% to NAD while Namibian Dollar(NAD) has changed % to ROOT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.6398 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | $0.6419 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.6326 | 0.1000% / 0.1000% | Yes |
Bybit | $0.6546 | 0.1000% / 0.1000% | Yes |
KuCoin | $0.6513 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/31 08:00:17(UTC+0)
How to buy The Root Network
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Buy The Root Network (ROOT)
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.
Learn MoreBuy ROOT (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of ROOT with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT 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 ROOT (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of ROOT to NAD. However, you can first exchange ROOT 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 The Root Network to Namibian Dollar?
The Root Network to Namibian Dollar is rising this week.The Root Network's current market price is $ 0.6498 per ROOT, with a total market cap of $ 940,134,006.12 NAD based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by -3.50% ($ -2,122,157.00 NAD) in the last 24 hours. Last trading day, ROOT's trading volume was $ 60,653,852.83.
Market cap
$49.95M
24h volume
$3.11M
Circulating supply
1.45B ROOT
Conversion tables
The exchange rate of The Root Network is decreasing.1 ROOT is currently valued at $ 0.6498 NAD , which means buying 5 ROOT will cost $ 3.25 NAD . Similarly, $1 NAD can be traded for 1.54 ROOT, and $50 NAD can be converted to 76.95 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Namibian Dollar has changed by +2.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.89%, reaching a high of 0.6704 NAD and a low of 0.6370 NAD . One month ago, the value of 1 ROOT was $ 0.7908 NAD , which represents a -17.85% change from its current value. Over the last year, The Root Network has changed by , resulting in a change of -21.53% in its value.
-$
0.1780NADROOT to NAD
Amount
11:43 am today
0.5 ROOT
$0.3249
1 ROOT
$0.6498
5 ROOT
$3.25
10 ROOT
$6.5
50 ROOT
$32.49
100 ROOT
$64.98
500 ROOT
$324.9
1000 ROOT
$649.79
NAD to ROOT
Amount11:43 am today
0.5NAD0.7695 ROOT
1NAD1.54 ROOT
5NAD7.69 ROOT
10NAD15.39 ROOT
50NAD76.95 ROOT
100NAD153.9 ROOT
500NAD769.48 ROOT
1000NAD1,538.95 ROOT
Today vs. 24 hours ago
| Amount | 11:43 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ROOT | $0.01726 | $0.01777 | -2.89% |
| 1 ROOT | $0.03452 | $0.03555 | -2.89% |
| 5 ROOT | $0.1726 | $0.1777 | -2.89% |
| 10 ROOT | $0.3452 | $0.3555 | -2.89% |
| 50 ROOT | $1.73 | $1.78 | -2.89% |
| 100 ROOT | $3.45 | $3.55 | -2.89% |
| 500 ROOT | $17.26 | $17.77 | -2.89% |
| 1000 ROOT | $34.52 | $35.55 | -2.89% |
Today vs. 1 month ago
| Amount | 11:43 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ROOT | $0.01726 | $0.02101 | -17.85% |
| 1 ROOT | $0.03452 | $0.04201 | -17.85% |
| 5 ROOT | $0.1726 | $0.2101 | -17.85% |
| 10 ROOT | $0.3452 | $0.4201 | -17.85% |
| 50 ROOT | $1.73 | $2.1 | -17.85% |
| 100 ROOT | $3.45 | $4.2 | -17.85% |
| 500 ROOT | $17.26 | $21.01 | -17.85% |
| 1000 ROOT | $34.52 | $42.01 | -17.85% |
Today vs. 1 year ago
| Amount | 11:43 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ROOT | $0.01726 | $0.02199 | -21.53% |
| 1 ROOT | $0.03452 | $0.04398 | -21.53% |
| 5 ROOT | $0.1726 | $0.2199 | -21.53% |
| 10 ROOT | $0.3452 | $0.4398 | -21.53% |
| 50 ROOT | $1.73 | $2.2 | -21.53% |
| 100 ROOT | $3.45 | $4.4 | -21.53% |
| 500 ROOT | $17.26 | $21.99 | -21.53% |
| 1000 ROOT | $34.52 | $43.98 | -21.53% |
The Root Network price prediction
What will the price of ROOT be in 2025?
Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.05374 in 2025.
What will the price of ROOT be in 2030?
In 2030, the ROOT price is expected to change by -6.00%. By the end of 2030, the ROOT price is projected to reach $0.07575, with a cumulative ROI of +115.04%.
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Popular The Root Network conversions
Check out these popular currency conversions of The Root Network to several fiat currencies.
The Root Network to USD
1 ROOT to $ 0.03452 USD
The Root Network to GBP
1 ROOT to £ 0.02753 GBP
The Root Network to EUR
1 ROOT to € 0.03316 EUR
The Root Network to KRW
1 ROOT to ₩ 50.87 KRW
The Root Network to CAD
1 ROOT to $ 0.04961 CAD
The Root Network to AUD
1 ROOT to $ 0.05557 AUD
The Root Network to JPY
1 ROOT to ¥ 5.42 JPY
The Root Network to BRL
1 ROOT to R$ 0.2140 BRL
The Root Network to CNY
1 ROOT to ¥ 0.2526 CNY
The Root Network to TWD
1 ROOT to NT$ 1.13 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in The Root Network.
Bitcoin to NAD
1 BTC to $ 1,767,246.34 NAD
Ethereum to NAD
1 ETH to $ 63,811.66 NAD
XRP to NAD
1 XRP to $ 39.09 NAD
Pepe to NAD
1 PEPE to $ 0.0003702 NAD
Solana to NAD
1 SOL to $ 3,650.31 NAD
Sui to NAD
1 SUI to $ 79.78 NAD
Dogecoin to NAD
1 DOGE to $ 6 NAD
Mines of Dalarnia to NAD
1 DAR to $ 3.55 NAD
Aave to NAD
1 AAVE to $ 5,880.09 NAD
Solar to NAD
1 SXP to $ 6.35 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 The Root Network 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 The Root Network 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 The Root Network 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.
