PARAS
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 Paras(PARAS) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 PARAS at a value of 1 PARAS for 0.12 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 Paras currency pair is the PARAS to NAD, with for Paras's currency code being PARAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
PARAS to NAD conversion rate trend
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In the past 1D, Paras has changed +0.49% to NAD. Based on the trend and price charts, Paras(PARAS) has changed +0.49% to NAD while Namibian Dollar(NAD) has changed % to PARAS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.1210 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/28 08:34:01(UTC+0)
How to buy Paras
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 Paras (PARAS)
Use a variety of payment options to buy Paras on Bitget. We'll show you how.
Buy PARAS (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of PARAS with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy PARAS 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 PARAS (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of PARAS to NAD. However, you can first exchange PARAS 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 Paras to Namibian Dollar?
Paras to Namibian Dollar is rising this week.Paras's current market price is $ 0.1210 per PARAS, with a total market cap of $ 0 NAD based on a circulating supply of -- PARAS. The trading volume of Paras has changed by -34.67% ($ -3,855.36 NAD) in the last 24 hours. Last trading day, PARAS's trading volume was $ 11,120.73.
Market cap
$0
24h volume
$401.61482854
Circulating supply
0 PARAS
Conversion tables
The exchange rate of Paras is increasing.1 PARAS is currently valued at $ 0.1210 NAD , which means buying 5 PARAS will cost $ 0.6052 NAD . Similarly, $1 NAD can be traded for 8.26 PARAS, and $50 NAD can be converted to 413.1 PARAS, excluding any platform or gas fees.
The exchange rate of 1 PARAS to Namibian Dollar has changed by +12.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.49%, reaching a high of 0.1294 NAD and a low of 0.1124 NAD . One month ago, the value of 1 PARAS was $ 0.09647 NAD , which represents a +25.61% change from its current value. Over the last year, Paras has changed by , resulting in a change of +8.47% in its value.
+$
0.009451NADPARAS to NAD
Amount
09:02 am today
0.5 PARAS
$0.06052
1 PARAS
$0.1210
5 PARAS
$0.6052
10 PARAS
$1.21
50 PARAS
$6.05
100 PARAS
$12.1
500 PARAS
$60.52
1000 PARAS
$121.03
NAD to PARAS
Amount09:02 am today
0.5NAD4.13 PARAS
1NAD8.26 PARAS
5NAD41.31 PARAS
10NAD82.62 PARAS
50NAD413.1 PARAS
100NAD826.21 PARAS
500NAD4,131.04 PARAS
1000NAD8,262.08 PARAS
Today vs. 24 hours ago
| Amount | 09:02 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PARAS | $0.003345 | $0.003329 | +0.49% |
| 1 PARAS | $0.006691 | $0.006658 | +0.49% |
| 5 PARAS | $0.03345 | $0.03329 | +0.49% |
| 10 PARAS | $0.06691 | $0.06658 | +0.49% |
| 50 PARAS | $0.3345 | $0.3329 | +0.49% |
| 100 PARAS | $0.6691 | $0.6658 | +0.49% |
| 500 PARAS | $3.35 | $3.33 | +0.49% |
| 1000 PARAS | $6.69 | $6.66 | +0.49% |
Today vs. 1 month ago
| Amount | 09:02 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PARAS | $0.003345 | $0.002666 | +25.61% |
| 1 PARAS | $0.006691 | $0.005333 | +25.61% |
| 5 PARAS | $0.03345 | $0.02666 | +25.61% |
| 10 PARAS | $0.06691 | $0.05333 | +25.61% |
| 50 PARAS | $0.3345 | $0.2666 | +25.61% |
| 100 PARAS | $0.6691 | $0.5333 | +25.61% |
| 500 PARAS | $3.35 | $2.67 | +25.61% |
| 1000 PARAS | $6.69 | $5.33 | +25.61% |
Today vs. 1 year ago
| Amount | 09:02 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PARAS | $0.003345 | $0.003084 | +8.47% |
| 1 PARAS | $0.006691 | $0.006168 | +8.47% |
| 5 PARAS | $0.03345 | $0.03084 | +8.47% |
| 10 PARAS | $0.06691 | $0.06168 | +8.47% |
| 50 PARAS | $0.3345 | $0.3084 | +8.47% |
| 100 PARAS | $0.6691 | $0.6168 | +8.47% |
| 500 PARAS | $3.35 | $3.08 | +8.47% |
| 1000 PARAS | $6.69 | $6.17 | +8.47% |
Paras price prediction
What will the price of PARAS be in 2025?
Based on PARAS's historical price performance prediction model, the price of PARAS is projected to reach $0.01343 in 2025.
What will the price of PARAS be in 2030?
In 2030, the PARAS price is expected to change by -5.00%. By the end of 2030, the PARAS price is projected to reach $0.01441, with a cumulative ROI of +88.50%.
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Popular Paras conversions
Check out these popular currency conversions of Paras to several fiat currencies.
Paras to USD
1 PARAS to $ 0.006691 USD
Paras to GBP
1 PARAS to £ 0.005284 GBP
Paras to EUR
1 PARAS to € 0.006343 EUR
Paras to KRW
1 PARAS to ₩ 9.33 KRW
Paras to CAD
1 PARAS to $ 0.009382 CAD
Paras to AUD
1 PARAS to $ 0.01031 AUD
Paras to JPY
1 PARAS to ¥ 1.01 JPY
Paras to BRL
1 PARAS to R$ 0.03977 BRL
Paras to CNY
1 PARAS to ¥ 0.04853 CNY
Paras to TWD
1 PARAS to NT$ 0.2177 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Paras.
THENA to NAD
1 THE to $ 68.35 NAD
SolarX to NAD
1 SXCH to $ 0.4606 NAD
MAD to NAD
1 MAD to $ 0.0007005 NAD
Bitcoin to NAD
1 BTC to $ 1,727,042.19 NAD
Solana to NAD
1 SOL to $ 4,319.57 NAD
Just a chill guy to NAD
1 CHILLGUY to $ 9.69 NAD
Ethereum to NAD
1 ETH to $ 65,691.72 NAD
Cardano to NAD
1 ADA to $ 18.07 NAD
Pepe to NAD
1 PEPE to $ 0.0003576 NAD
XRP to NAD
1 XRP to $ 26.52 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 Paras 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 Paras 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 Paras 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.
