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LOOM to NAD Converter and calculator

LOOM/NAD: 1 LOOM = 0.05890 NAD. The price of converting 1 Loom Network (LOOM) to Namibian Dollar (NAD) is 0.05890 NAD today.
LOOM
LOOM
NAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOOM to NAD real-time exchange rates, making it easy to convert Loom Network (LOOM) to Namibian Dollar (NAD). The conversion result is based on real-time data. The conversion result shows that 1 LOOM is currently valued at 0.06 NAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOOM is currently valued at 0.06 NAD, which means buying 5 LOOM would cost 0.29 NAD. Similarly, N$1 NAD can be converted to 16.98 LOOM, and N$50 NAD can be converted to 84.89 LOOM, excluding any platform or gas fees.

Convert LOOM to NAD

Convert NAD to LOOM

Loom Network
Namibian Dollar
5000 LOOM
294.51  NAD
10000 LOOM
589.03  NAD
In the table above, you'll find a comprehensive LOOM to NAD converter that shows the value of Loom Network in Namibian Dollar across commonly used conversion amounts. The list covers conversions from 1 LOOM to NAD, all the way up to 10000 LOOM, providing a clear view of their respective values.
Namibian Dollar
Loom Network
1000 NAD
16,977.14 LOOM
2000 NAD
33,954.27 LOOM
5000 NAD
84,885.68 LOOM
10000 NAD
169,771.36 LOOM
50000 NAD
848,856.79 LOOM
100000 NAD
1,697,713.59 LOOM
In the table above, you'll find a comprehensive NAD to LOOM converter that shows the value of Namibian Dollar in Loom Network across commonly used conversion amounts. The list covers conversions from 1 NAD to LOOM, all the way up to 100000 NAD, providing a clear view of their respective values.

LOOM to NAD chart

LOOM/NAD: 1 LOOM = 0.05890 NAD; 2025/05/21 02:46:16
In the past 1D, Loom Network has changed -3.40% to NAD. Based on the trend and price charts, Loom Network(LOOM) has changed -3.40% to NAD while Namibian Dollar(NAD) has changed % to LOOM in the last 24 hours.
1D7D1M3M1YAll

LOOM to NAD conversion data: Volatility and price changes of Loom Network in NAD

The highest Loom Network price in NAD over the past 7 days was 0.07357 NAD while the lowest Loom Network price in NAD over the past 7 days was 0.05634 NAD. The relative change between the highs and lows in Loom Network price in NAD over the last 7 days indicates a volatility of %. You can view additional volatility data and LOOM 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
0.06152 NAD
0.07357 NAD
0.8617 NAD
1.09 NAD
Low
0.05666 NAD
0.05634 NAD
0.05634 NAD
0.05634 NAD
Average
0 NAD
0 NAD
0 NAD
0 NAD
Volatility
%
%
%
%
Change
-3.40%
-21.81%
-87.48%
-93.60%

Loom Network information

LOOM to NAD market statistics

LOOM/NAD:
N$0.05890
LOOM 24h volume:
N$20,373,727.79
LOOM market cap:
N$73,211,459.89
LOOM circulating supply:
1.24B LOOM

Current LOOM to NAD exchange rate

Loom Network to Namibian Dollar is falling this week.
Loom Network's current market price is N$0.05890 per LOOM, with a total market cap of N$73,211,459.89 NAD based on a circulating supply of 1,242,921,000 LOOM. The trading volume of Loom Network has changed by +10.61% (N$1,953,818.23 NAD) in the last 24 hours. Last trading day, LOOM's trading volume was N$18,419,909.56.

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

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How to convert LOOM to NAD

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LOOM to NAD Conversion tables

The exchange rate of Loom Network is decreasing.
The exchange rate of 1 LOOM to Namibian Dollar has changed by -21.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.40%, reaching a high of 0.06152 NAD and a low of 0.05666 NAD . One month ago, the value of 1 LOOM was N$0.4708 NAD , which represents a -87.48% change from its current value. Over the last year, Loom Network has changed by
-N$
1.56NAD
, resulting in a change of -96.35% in its value.
24 hours ago1 month ago1 year ago
Amount02:46 am today24 hours ago24h change
0.5 LOOM
N$0.02945N$0.03049
-3.40%
1 LOOM
N$0.05890N$0.06098
-3.40%
5 LOOM
N$0.2945N$0.3049
-3.40%
10 LOOM
N$0.5890N$0.6098
-3.40%
50 LOOM
N$2.95N$3.05
-3.40%
100 LOOM
N$5.89N$6.1
-3.40%
500 LOOM
N$29.45N$30.49
-3.40%
1000 LOOM
N$58.9N$60.98
-3.40%

LOOM to NAD FAQ

How much is 1 Loom Network in NAD?
Right now, the price of 1 Loom Network (LOOM) in Namibian Dollar (NAD) is N$0.05890.
How much LOOM can I buy for 1 NAD?
Based on the current exchange rate, you can get 16.98 LOOM for 1 NAD.
How do I calculate or convert LOOM to NAD?
You can use our LOOM to NAD calculator at the top of this page to convert any amount of LOOM to NAD. We've also included quick-reference tables for the most popular conversions. For example, 5 NAD is equivalent to 84.89 LOOM, while 5 LOOM will cost around 0.2945NAD.
What is the highest price of LOOM/NAD in history?
The all-time high price of 1 LOOM in NAD is N$13.93. It remains to be seen if the value of 1 LOOM/NAD will exceed the current all-time high.
What is the price trend of Loom Network in NAD?
Over the past 7 days, the exchange rate of Loom Network (LOOM) has gone down by 21.81%.   Over the last month, the exchange rate of Loom Network (LOOM) has gone down by 87.48% against Namibian Dollar (NAD).

What factors influence the conversion rate of LOOM to NAD?

There are many factors that affect the relationship between Loom Network 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 LOOM/NAD. When there is positive news in the market about the widespread adoption of LOOM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOOM/NAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOOM/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 LOOM/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 Loom Network 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.