Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

NIM to ZAR Converter and calculator

NIM/ZAR: 1 NIM = 0.04541 ZAR. The price of converting 1 Nim Network (NIM) to South African rand (ZAR) is 0.04541 ZAR today.
NIM
NIM
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides NIM to ZAR real-time exchange rates, making it easy to convert Nim Network (NIM) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 NIM is currently valued at 0.05 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NIM is currently valued at 0.05 ZAR, which means buying 5 NIM would cost 0.23 ZAR. Similarly, R1 ZAR can be converted to 22.02 NIM, and R50 ZAR can be converted to 110.11 NIM, excluding any platform or gas fees.

Convert NIM to ZAR

Convert ZAR to NIM

Nim Network
South African rand
10000 NIM
454.11  ZAR
In the table above, you'll find a comprehensive NIM to ZAR converter that shows the value of Nim Network in South African rand across commonly used conversion amounts. The list covers conversions from 1 NIM to ZAR, all the way up to 10000 NIM, providing a clear view of their respective values.
South African rand
Nim Network
5000 ZAR
110,105.59 NIM
10000 ZAR
220,211.17 NIM
50000 ZAR
1,101,055.87 NIM
100000 ZAR
2,202,111.74 NIM
In the table above, you'll find a comprehensive ZAR to NIM converter that shows the value of South African rand in Nim Network across commonly used conversion amounts. The list covers conversions from 1 ZAR to NIM, all the way up to 100000 ZAR, providing a clear view of their respective values.

NIM to ZAR chart

NIM/ZAR: 1 NIM = 0.04541 ZAR; 2025/04/26 16:02:48
In the past 1D, Nim Network has changed -1.25% to ZAR. Based on the trend and price charts, Nim Network(NIM) has changed -1.25% to ZAR while South African rand(ZAR) has changed % to NIM in the last 24 hours.
1D7D1M3M1YAll

NIM to ZAR conversion data: Volatility and price changes of Nim Network in ZAR

The highest Nim Network price in ZAR over the past 7 days was 0.09252 ZAR while the lowest Nim Network price in ZAR over the past 7 days was 0.02239 ZAR. The relative change between the highs and lows in Nim Network price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and NIM to ZAR 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
0.04599 ZAR
0.09252 ZAR
0.1026 ZAR
0.4252 ZAR
Low
0.04541 ZAR
0.02239 ZAR
0.01886 ZAR
0.01886 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-1.25%
+39.67%
-35.28%
-86.45%

Nim Network information

NIM to ZAR market statistics

NIM/ZAR:
R0.04541
NIM 24h volume:
--
NIM market cap:
--
NIM circulating supply:
0 NIM

Current NIM to ZAR exchange rate

Nim Network to South African rand is rising this week.
Nim Network's current market price is R0.04541 per NIM, with a total market cap of R0 ZAR based on a circulating supply of -- NIM. The trading volume of Nim Network has changed by 0.00% (R0 ZAR) in the last 24 hours. Last trading day, NIM's trading volume was R0.

More info about Nim Network on Bitget

South African rand information

About the South African Rand (ZAR)

What Is the South African Rand (ZAR)?

The South African Rand, designated as ZAR and symbolized as R, is the official currency of the Republic of South Africa. It is also recognized in the Common Monetary Area, shared with Lesotho, Namibia, and Eswatini, where it circulates alongside local currencies. The Rand is subdivided into 100 cents.

The South African Rand is issued by the South African Reserve Bank (SARB). The SARB is the central bank of South Africa and is responsible for the production and distribution of banknotes and coins in the country. It oversees the monetary policy and maintains financial stability in South Africa, playing a crucial role in the economy of the nation.

What Is the History of ZAR?

The Rand takes its name from the Witwatersrand, meaning "white waters' ridge" in Afrikaans, which is the location of Johannesburg and a major gold-mining area. Introduced in 1961 when South Africa became a republic, it replaced the South African pound at a rate of 2 Rand to 1 pound.

Notes and Coins of ZAR

South African coins are issued in denominations of 1, 2, 5, 10, 20, and 50 cents, and 1, 2, and 5 Rands. Banknotes are available in 10, 20, 50, 100, and 200 Rand denominations. Since 2012, banknotes have featured Nelson Mandela on the front and the "Big Five" wild animals on the back. Commemorative notes released in 2018 feature Mandela's images.

Exchange Rate History of ZAR

Initially, the Rand was strong, trading at 1.40 USD in its early years. However, due to inflation and international opposition to apartheid, its value declined. By 1985, it traded at 2 Rands per USD and continued to depreciate, reaching over 6 ZAR/USD by 1999 and nearly 14 ZAR/USD by 2001. After recovering to about 6-to-1 against the dollar by 2006, it faced another decline due to a slowdown in the mining industry and global economic factors. In 2016, it reached an all-time low of nearly 18 ZAR/USD.

What Is The Common Monetary Area?

The Common Monetary Area (CMA) is a monetary union in Southern Africa comprising South Africa, Namibia, Lesotho, and Eswatini. It facilitates the free movement of capital and services among these nations, with the South African Rand (ZAR) serving as the primary currency. Within this union, while each member country has its own currency, the Rand is also legal tender and the local currencies are pegged at par with the Rand. This arrangement ensures economic stability and fosters cooperation among the member states. The South African Reserve Bank plays a pivotal role in influencing the monetary policy across the CMA, thereby promoting a higher degree of economic integration and facilitating seamless trade and financial transactions across these national borders.

Is ZAR a Stable Currency?

The South African Rand (ZAR) has historically exhibited a degree of volatility, influenced by a combination of domestic challenges and global economic factors. Internally, issues such as political uncertainty, governance concerns, and high unemployment rates have impacted its stability, while externally, it remains sensitive to global market sentiments and fluctuations in commodity prices, notably gold, given South Africa's status as a major producer. Although there have been phases where the Rand demonstrated resilience, its nature as an emerging market currency often subjects it to rapid valuation shifts in response to both local and international events. This characteristic renders the Rand more volatile compared to currencies from more economically stable regions, leading to a general perception of it being less stable, especially when measured against major global currencies like the US Dollar.

Bitget crypto-to-fiat exchange data shows that the most popular Nim Network currency pair is the NIM to ZAR, with for Nim Network's currency code being NIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ZAR.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94377.00 USD
popular info ethereum
ETH to USD
1 ETH to 1806.87 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 149.38 USD
popular info bitcoin
BTC to EUR
1 BTC to 82778.07 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70886.56 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131051.90 CAD
popular info bitcoin
BTC to BRL
1 BTC to 537042.88 BRL
popular info bitcoin
BTC to INR
1 BTC to 8058351.83 INR
popular info pi-network
PI to INR
1 PI to 55.52 INR

Hot promotions

How to convert NIM to ZAR

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert NIM to ZAR
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy NIM (or USDT) for ZAR (South African Rand) offers
Bitget P2P trading does not currently support direct buying of NIM with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy NIM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Nim Network Converter

popular info South African rand
NIM to ZAR
1 NIM to R0.04541 ZAR
popular info New Taiwan dollar
NIM to TWD
1 NIM to NT$0.07910 TWD
popular info Chinese Yuan
NIM to CNY
1 NIM to ¥0.01772 CNY
popular info United States Dollar
NIM to USD
1 NIM to $0.002430 USD
popular info Euro
NIM to EUR
1 NIM to €0.002131 EUR
popular info Canadian Dollar
NIM to CAD
1 NIM to C$0.003374 CAD
popular info South Korean Won
NIM to KRW
1 NIM to ₩3.5 KRW
popular info Japanese Yen
NIM to JPY
1 NIM to ¥0.3491 JPY
popular info Pound Sterling
NIM to GBP
1 NIM to £0.001825 GBP
popular info Brazilian Real
NIM to BRL
1 NIM to R$0.01383 BRL

Popular cryptocurrencies to ZAR

other assets OFFICIAL TRUMP
TRUMP to ZAR
1 TRUMP to R289.32 ZAR
other assets Bonk
BONK to ZAR
1 BONK to R0.0003533 ZAR
other assets Alpaca Finance
ALPACA to ZAR
1 ALPACA to R5.47 ZAR
other assets Virtuals Protocol
VIRTUAL to ZAR
1 VIRTUAL to R20.22 ZAR
other assets Worldcoin
WLD to ZAR
1 WLD to R20.83 ZAR
other assets NEM
XEM to ZAR
1 XEM to R0.4575 ZAR
other assets Brett (Based)
BRETT to ZAR
1 BRETT to R1.24 ZAR
other assets Solayer
LAYER to ZAR
1 LAYER to R47.61 ZAR
other assets Wen
WEN to ZAR
1 WEN to R0.0008056 ZAR
other assets BitTorrent [New]
BTT to ZAR
1 BTT to R0.{4}1439 ZAR

NIM to ZAR Conversion tables

The exchange rate of Nim Network is decreasing.
The exchange rate of 1 NIM to South African rand has changed by +39.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.25%, reaching a high of 0.04599 ZAR and a low of 0.04541 ZAR . One month ago, the value of 1 NIM was R0.07017 ZAR , which represents a -35.28% change from its current value. Over the last year, Nim Network has changed by
-R
1.54ZAR
, resulting in a change of -97.13% in its value.
24 hours ago1 month ago1 year ago
Amount16:02 today24 hours ago24h change
0.5 NIMR0.02271R0.02299
-1.25%
1 NIMR0.04541R0.04599
-1.25%
5 NIMR0.2271R0.2299
-1.25%
10 NIMR0.4541R0.4599
-1.25%
50 NIMR2.27R2.3
-1.25%
100 NIMR4.54R4.6
-1.25%
500 NIMR22.71R22.99
-1.25%
1000 NIMR45.41R45.99
-1.25%

NIM to ZAR FAQ

How much is 1 Nim Network in ZAR?
Right now, the price of 1 Nim Network (NIM) in South African rand (ZAR) is R0.04541.
How much NIM can I buy for 1 ZAR?
Based on the current exchange rate, you can get 22.02 NIM for 1 ZAR.
How do I calculate or convert NIM to ZAR?
You can use our NIM to ZAR calculator at the top of this page to convert any amount of NIM to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 110.11 NIM, while 5 NIM will cost around 0.2271ZAR.
What is the highest price of NIM/ZAR in history?
The all-time high price of 1 NIM in ZAR is R1.59. It remains to be seen if the value of 1 NIM/ZAR will exceed the current all-time high.
What is the price trend of Nim Network in ZAR?
Over the past 7 days, the exchange rate of Nim Network (NIM) has gone up by 39.67%.   Over the last month, the exchange rate of Nim Network (NIM) has gone down by 35.28% against South African rand (ZAR).

What factors influence the conversion rate of NIM to ZAR?

There are many factors that affect the relationship between Nim Network and South African rand, 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 NIM/ZAR. When there is positive news in the market about the widespread adoption of NIM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NIM/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NIM/ZAR.
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 NIM/ZAR. 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 Nim Network and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.