


MKD 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.
BMX to MKD conversion rate trend
BMX to MKD market statistics
More info about BitMinerX on Bitget
Current BMX to MKD exchange rate
BitMinerX to Namibian Dollar is rising this week.BMX to MKD Conversion tables
The exchange rate of BitMinerX is decreasing.BMX to MKD
MKD to BMX
BMX to MKD Today vs. 24 hours ago
Amount | 19:48 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BMX | ден0.1097 | ден0.1030 | +6.45% |
1 BMX | ден0.2194 | ден0.2059 | +6.45% |
5 BMX | ден1.1 | ден1.03 | +6.45% |
10 BMX | ден2.19 | ден2.06 | +6.45% |
50 BMX | ден10.97 | ден10.3 | +6.45% |
100 BMX | ден21.94 | ден20.59 | +6.45% |
500 BMX | ден109.71 | ден102.96 | +6.45% |
1000 BMX | ден219.43 | ден205.93 | +6.45% |
BMX to MKD Today vs. 1 month ago
Amount | 19:48 today | 1 month ago | 1M change |
---|---|---|---|
0.5 BMX | ден0.1097 | ден0.1156 | -4.98% |
1 BMX | ден0.2194 | ден0.2311 | -4.98% |
5 BMX | ден1.1 | ден1.16 | -4.98% |
10 BMX | ден2.19 | ден2.31 | -4.98% |
50 BMX | ден10.97 | ден11.56 | -4.98% |
100 BMX | ден21.94 | ден23.11 | -4.98% |
500 BMX | ден109.71 | ден115.55 | -4.98% |
1000 BMX | ден219.43 | ден231.11 | -4.98% |
BMX to MKD Today vs. 1 year ago
Amount | 19:48 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BMX | ден0.1097 | ден2.67 | -95.84% |
1 BMX | ден0.2194 | ден5.35 | -95.84% |
5 BMX | ден1.1 | ден26.74 | -95.84% |
10 BMX | ден2.19 | ден53.49 | -95.84% |
50 BMX | ден10.97 | ден267.43 | -95.84% |
100 BMX | ден21.94 | ден534.87 | -95.84% |
500 BMX | ден109.71 | ден2,674.35 | -95.84% |
1000 BMX | ден219.43 | ден5,348.7 | -95.84% |
How to convert BMX to MKD



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