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RETIK to NAD Converter and calculator

RETIK/NAD: 1 RETIK = 0.03448 NAD. The price of converting 1 Retik Finance (RETIK) to Namibian Dollar (NAD) is 0.03448 NAD today.
RETIK
RETIK
NAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RETIK to NAD real-time exchange rates, making it easy to convert Retik Finance (RETIK) to Namibian Dollar (NAD). The conversion result is based on real-time data. The conversion result shows that 1 RETIK is currently valued at 0.03 NAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RETIK is currently valued at 0.03 NAD, which means buying 5 RETIK would cost 0.17 NAD. Similarly, N$1 NAD can be converted to 29 RETIK, and N$50 NAD can be converted to 145.02 RETIK, excluding any platform or gas fees.

Convert RETIK to NAD

Convert NAD to RETIK

Retik Finance
Namibian Dollar
1000 RETIK
34.48  NAD
5000 RETIK
172.39  NAD
10000 RETIK
344.77  NAD
In the table above, you'll find a comprehensive RETIK to NAD converter that shows the value of Retik Finance in Namibian Dollar across commonly used conversion amounts. The list covers conversions from 1 RETIK to NAD, all the way up to 10000 RETIK, providing a clear view of their respective values.
Namibian Dollar
Retik Finance
1000 NAD
29,004.6 RETIK
2000 NAD
58,009.21 RETIK
5000 NAD
145,023.02 RETIK
10000 NAD
290,046.04 RETIK
50000 NAD
1,450,230.21 RETIK
100000 NAD
2,900,460.41 RETIK
In the table above, you'll find a comprehensive NAD to RETIK converter that shows the value of Namibian Dollar in Retik Finance across commonly used conversion amounts. The list covers conversions from 1 NAD to RETIK, all the way up to 100000 NAD, providing a clear view of their respective values.

RETIK to NAD chart

RETIK/NAD: 1 RETIK = 0.03448 NAD; 2025/04/27 17:25:00
In the past 1D, Retik Finance has changed +1.76% to NAD. Based on the trend and price charts, Retik Finance(RETIK) has changed +1.76% to NAD while Namibian Dollar(NAD) has changed % to RETIK in the last 24 hours.
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RETIK to NAD conversion data: Volatility and price changes of Retik Finance in NAD

The highest Retik Finance price in NAD over the past 7 days was 0.04150 NAD while the lowest Retik Finance price in NAD over the past 7 days was 0.03335 NAD. The relative change between the highs and lows in Retik Finance price in NAD over the last 7 days indicates a volatility of %. You can view additional volatility data and RETIK 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
0.03483 NAD
0.04150 NAD
0.04674 NAD
0.05227 NAD
Low
0.03311 NAD
0.03335 NAD
0.03123 NAD
0.02695 NAD
Average
0 NAD
0 NAD
0 NAD
0 NAD
Volatility
%
%
%
%
Change
+1.76%
+3.34%
+11.37%
+18.69%

Retik Finance information

RETIK to NAD market statistics

RETIK/NAD:
N$0.03448
RETIK 24h volume:
N$1,544,377.64
RETIK market cap:
--
RETIK circulating supply:
0 RETIK

Current RETIK to NAD exchange rate

Retik Finance to Namibian Dollar is rising this week.
Retik Finance's current market price is N$0.03448 per RETIK, with a total market cap of N$0 NAD based on a circulating supply of -- RETIK. The trading volume of Retik Finance has changed by +3.64% (N$54,289.86 NAD) in the last 24 hours. Last trading day, RETIK's trading volume was N$1,490,087.78.

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

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How to convert RETIK to NAD

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RETIK to NAD Conversion tables

The exchange rate of Retik Finance is increasing.
The exchange rate of 1 RETIK to Namibian Dollar has changed by +3.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.76%, reaching a high of 0.03483 NAD and a low of 0.03311 NAD . One month ago, the value of 1 RETIK was N$0.03096 NAD , which represents a +11.37% change from its current value. Over the last year, Retik Finance has changed by
-N$
35.04NAD
, resulting in a change of -99.90% in its value.
24 hours ago1 month ago1 year ago
Amount17:25 today24 hours ago24h change
0.5 RETIKN$0.01724N$0.01694
+1.76%
1 RETIKN$0.03448N$0.03388
+1.76%
5 RETIKN$0.1724N$0.1694
+1.76%
10 RETIKN$0.3448N$0.3388
+1.76%
50 RETIKN$1.72N$1.69
+1.76%
100 RETIKN$3.45N$3.39
+1.76%
500 RETIKN$17.24N$16.94
+1.76%
1000 RETIKN$34.48N$33.88
+1.76%

RETIK to NAD FAQ

How much is 1 Retik Finance in NAD?
Right now, the price of 1 Retik Finance (RETIK) in Namibian Dollar (NAD) is N$0.03448.
How much RETIK can I buy for 1 NAD?
Based on the current exchange rate, you can get 29 RETIK for 1 NAD.
How do I calculate or convert RETIK to NAD?
You can use our RETIK to NAD calculator at the top of this page to convert any amount of RETIK to NAD. We've also included quick-reference tables for the most popular conversions. For example, 5 NAD is equivalent to 145.02 RETIK, while 5 RETIK will cost around 0.1724NAD.
What is the highest price of RETIK/NAD in history?
The all-time high price of 1 RETIK in NAD is N$58.17. It remains to be seen if the value of 1 RETIK/NAD will exceed the current all-time high.
What is the price trend of Retik Finance in NAD?
Over the past 7 days, the exchange rate of Retik Finance (RETIK) has gone up by 3.34%.   Over the last month, the exchange rate of Retik Finance (RETIK) has gone up by 11.37% against Namibian Dollar (NAD).

What factors influence the conversion rate of RETIK to NAD?

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