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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.52%
BTC/USDT$79016.12 (-5.53%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.52%
BTC/USDT$79016.12 (-5.53%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
LOOM
NAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Loom Network(LOOM) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 LOOM at a value of 1 LOOM for 0.47 NAD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
NAD information
About Namibian Dollar (NAD)
The Namibian Dollar (NAD), introduced in 1993, symbolizes more than just the monetary unit of Namibia; it represents the country's journey towards economic independence and stability. It is commonly abbreviated as NAD and represented by the symbol N$. 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 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.
LOOM to NAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Loom Network has changed -10.20% to NAD. Based on the trend and price charts, Loom Network(LOOM) has changed -10.20% to NAD while Namibian Dollar(NAD) has changed % to LOOM in the last 24 hours.
LOOM to NAD market statistics
LOOM/NAD:
$ 0.4652
LOOM 24h volume:
$ 449,526,430.88
LOOM market cap:
$ 578,233,130.3
LOOM circulating supply:
1.24B LOOM
More info about Loom Network on Bitget
Current LOOM to NAD exchange rate
Loom Network to Namibian Dollar is falling this week.Loom Network's current market price is $ 0.4652 per LOOM, with a total market cap of $ 578,233,130.3 NAD based on a circulating supply of 1,242,921,000 LOOM. The trading volume of Loom Network has changed by -71.51% ($ -1,128,584,338.89 NAD) in the last 24 hours. Last trading day, LOOM's trading volume was $ 1,578,110,769.76.
LOOM to NAD Conversion tables
The exchange rate of Loom Network is decreasing.1 LOOM is currently valued at $ 0.4652 NAD , which means buying 5 LOOM will cost $ 2.33 NAD . Similarly, $1 NAD can be traded for 2.15 LOOM, and $50 NAD can be converted to 107.48 LOOM, excluding any platform or gas fees.
The exchange rate of 1 LOOM to Namibian Dollar has changed by -8.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.20%, reaching a high of 0.7070 NAD and a low of 0.4356 NAD . One month ago, the value of 1 LOOM was $ 0.8153 NAD , which represents a -43.42% change from its current value. Over the last year, Loom Network has changed by , resulting in a change of -77.32% in its value.
-$
1.56NADLOOM to NAD
Amount
01:29 am today
0.5 LOOM
$0.2326
1 LOOM
$0.4652
5 LOOM
$2.33
10 LOOM
$4.65
50 LOOM
$23.26
100 LOOM
$46.52
500 LOOM
$232.61
1000 LOOM
$465.22
NAD to LOOM
Amount01:29 am today
0.5NAD1.07 LOOM
1NAD2.15 LOOM
5NAD10.75 LOOM
10NAD21.5 LOOM
50NAD107.48 LOOM
100NAD214.95 LOOM
500NAD1,074.76 LOOM
1000NAD2,149.52 LOOM
LOOM to NAD Today vs. 24 hours ago
| Amount | 01:29 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LOOM | $0.2326 | $0.2585 | -10.20% |
| 1 LOOM | $0.4652 | $0.5171 | -10.20% |
| 5 LOOM | $2.33 | $2.59 | -10.20% |
| 10 LOOM | $4.65 | $5.17 | -10.20% |
| 50 LOOM | $23.26 | $25.85 | -10.20% |
| 100 LOOM | $46.52 | $51.71 | -10.20% |
| 500 LOOM | $232.61 | $258.53 | -10.20% |
| 1000 LOOM | $465.22 | $517.06 | -10.20% |
LOOM to NAD Today vs. 1 month ago
| Amount | 01:29 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LOOM | $0.2326 | $0.4077 | -43.42% |
| 1 LOOM | $0.4652 | $0.8153 | -43.42% |
| 5 LOOM | $2.33 | $4.08 | -43.42% |
| 10 LOOM | $4.65 | $8.15 | -43.42% |
| 50 LOOM | $23.26 | $40.77 | -43.42% |
| 100 LOOM | $46.52 | $81.53 | -43.42% |
| 500 LOOM | $232.61 | $407.67 | -43.42% |
| 1000 LOOM | $465.22 | $815.34 | -43.42% |
LOOM to NAD Today vs. 1 year ago
| Amount | 01:29 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LOOM | $0.2326 | $1.01 | -77.32% |
| 1 LOOM | $0.4652 | $2.02 | -77.32% |
| 5 LOOM | $2.33 | $10.1 | -77.32% |
| 10 LOOM | $4.65 | $20.21 | -77.32% |
| 50 LOOM | $23.26 | $101.03 | -77.32% |
| 100 LOOM | $46.52 | $202.06 | -77.32% |
| 500 LOOM | $232.61 | $1,010.3 | -77.32% |
| 1000 LOOM | $465.22 | $2,020.6 | -77.32% |
How to convert LOOM to NAD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert LOOM to NAD
Use a variety of payment options to buy Loom Network on Bitget. We'll show you how.
Buy LOOM (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of LOOM with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy LOOM 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 LOOM (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of LOOM to NAD. However, you can first exchange LOOM 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 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.
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.
Loom Network price prediction
What will the price of LOOM be in 2026?
Based on LOOM's historical price performance prediction model, the price of LOOM is projected to reach $0.02674 in 2026.
What will the price of LOOM be in 2031?
In 2031, the LOOM price is expected to change by +18.00%. By the end of 2031, the LOOM price is projected to reach $0.04812, with a cumulative ROI of +110.64%.
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Popular Loom Network Converter
Check out these popular currency conversions of Loom Network to several fiat currencies.
LOOM to TWD
1 LOOM to NT$ 0.8047 TWD
LOOM to CNY
1 LOOM to ¥ 0.1767 CNY
LOOM to USD
1 LOOM to $ 0.02425 USD
LOOM to EUR
1 LOOM to € 0.02206 EUR
LOOM to CAD
1 LOOM to $ 0.03453 CAD
LOOM to KRW
1 LOOM to ₩ 35.39 KRW
LOOM to JPY
1 LOOM to ¥ 3.52 JPY
LOOM to GBP
1 LOOM to £ 0.01881 GBP
LOOM to NAD
1 LOOM to $ 0.4652 NAD
LOOM to BRL
1 LOOM to R$ 0.1417 BRL
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Loom Network.
PI to NAD
1 PI to $ 11.5 NAD
FIL to NAD
1 FIL to $ 46.35 NAD
ATOM to NAD
1 ATOM to $ 86.04 NAD
USUAL to NAD
1 USUAL to $ 2.42 NAD
BTC to NAD
1 BTC to $ 1,510,197.47 NAD
CRTS to NAD
1 CRTS to $ 0.005796 NAD
ZRO to NAD
1 ZRO to $ 49 NAD
VIDT to NAD
1 VIDT to $ 0.3905 NAD
AMP to NAD
1 AMP to $ 0.06369 NAD
BERA to NAD
1 BERA to $ 90.19 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 Loom 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 Loom 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 Loom 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.
