MIC
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 Magic Internet Cash(MIC) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 MIC at a value of 1 MIC for 0.01 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 Magic Internet Cash currency pair is the MIC to NAD, with for Magic Internet Cash's currency code being MIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
MIC to NAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magic Internet Cash has changed -3.24% to NAD. Based on the trend and price charts, Magic Internet Cash(MIC) has changed -3.24% to NAD while Namibian Dollar(NAD) has changed % to MIC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.006685 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:35:28(UTC+0)
How to buy Magic Internet Cash
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 Magic Internet Cash (MIC)
Use a variety of payment options to buy Magic Internet Cash on Bitget. We'll show you how.
Buy MIC (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of MIC with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy MIC 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 MIC (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of MIC to NAD. However, you can first exchange MIC 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 Magic Internet Cash to Namibian Dollar?
Magic Internet Cash to Namibian Dollar is falling this week.Magic Internet Cash's current market price is $ 0.006685 per MIC, with a total market cap of $ 0 NAD based on a circulating supply of -- MIC. The trading volume of Magic Internet Cash has changed by -100.00% ($ -- NAD) in the last 24 hours. Last trading day, MIC's trading volume was $ --.
Market cap
$0
24h volume
$0
Circulating supply
0 MIC
Conversion tables
The exchange rate of Magic Internet Cash is decreasing.1 MIC is currently valued at $ 0.006685 NAD , which means buying 5 MIC will cost $ 0.03343 NAD . Similarly, $1 NAD can be traded for 149.58 MIC, and $50 NAD can be converted to 7,479.23 MIC, excluding any platform or gas fees.
The exchange rate of 1 MIC to Namibian Dollar has changed by -8.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.24%, reaching a high of 0.006909 NAD and a low of 0.006685 NAD . One month ago, the value of 1 MIC was $ 0.007029 NAD , which represents a -4.89% change from its current value. Over the last year, Magic Internet Cash has changed by , resulting in a change of +438.84% in its value.
+$
0.005445NADMIC to NAD
Amount
10:54 am today
0.5 MIC
$0.003343
1 MIC
$0.006685
5 MIC
$0.03343
10 MIC
$0.06685
50 MIC
$0.3343
100 MIC
$0.6685
500 MIC
$3.34
1000 MIC
$6.69
NAD to MIC
Amount10:54 am today
0.5NAD74.79 MIC
1NAD149.58 MIC
5NAD747.92 MIC
10NAD1,495.85 MIC
50NAD7,479.23 MIC
100NAD14,958.46 MIC
500NAD74,792.29 MIC
1000NAD149,584.58 MIC
Today vs. 24 hours ago
| Amount | 10:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MIC | $0.0001823 | $0.0001884 | -3.24% |
| 1 MIC | $0.0003647 | $0.0003769 | -3.24% |
| 5 MIC | $0.001823 | $0.001884 | -3.24% |
| 10 MIC | $0.003647 | $0.003769 | -3.24% |
| 50 MIC | $0.01823 | $0.01884 | -3.24% |
| 100 MIC | $0.03647 | $0.03769 | -3.24% |
| 500 MIC | $0.1823 | $0.1884 | -3.24% |
| 1000 MIC | $0.3647 | $0.3769 | -3.24% |
Today vs. 1 month ago
| Amount | 10:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MIC | $0.0001823 | $0.0001917 | -4.89% |
| 1 MIC | $0.0003647 | $0.0003834 | -4.89% |
| 5 MIC | $0.001823 | $0.001917 | -4.89% |
| 10 MIC | $0.003647 | $0.003834 | -4.89% |
| 50 MIC | $0.01823 | $0.01917 | -4.89% |
| 100 MIC | $0.03647 | $0.03834 | -4.89% |
| 500 MIC | $0.1823 | $0.1917 | -4.89% |
| 1000 MIC | $0.3647 | $0.3834 | -4.89% |
Today vs. 1 year ago
| Amount | 10:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MIC | $0.0001823 | $0.{4}3384 | +438.84% |
| 1 MIC | $0.0003647 | $0.{4}6768 | +438.84% |
| 5 MIC | $0.001823 | $0.0003384 | +438.84% |
| 10 MIC | $0.003647 | $0.0006768 | +438.84% |
| 50 MIC | $0.01823 | $0.003384 | +438.84% |
| 100 MIC | $0.03647 | $0.006768 | +438.84% |
| 500 MIC | $0.1823 | $0.03384 | +438.84% |
| 1000 MIC | $0.3647 | $0.06768 | +438.84% |
Magic Internet Cash price prediction
What will the price of MIC be in 2025?
Based on MIC's historical price performance prediction model, the price of MIC is projected to reach $0.0004214 in 2025.
What will the price of MIC be in 2030?
In 2030, the MIC price is expected to change by -12.00%. By the end of 2030, the MIC price is projected to reach $0.0004925, with a cumulative ROI of +35.07%.
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Popular Magic Internet Cash conversions
Check out these popular currency conversions of Magic Internet Cash to several fiat currencies.
Magic Internet Cash to USD
1 MIC to $ 0.0003647 USD
Magic Internet Cash to GBP
1 MIC to £ 0.0002902 GBP
Magic Internet Cash to EUR
1 MIC to € 0.0003504 EUR
Magic Internet Cash to KRW
1 MIC to ₩ 0.5295 KRW
Magic Internet Cash to CAD
1 MIC to $ 0.0005246 CAD
Magic Internet Cash to AUD
1 MIC to $ 0.0005827 AUD
Magic Internet Cash to JPY
1 MIC to ¥ 0.05715 JPY
Magic Internet Cash to BRL
1 MIC to R$ 0.002219 BRL
Magic Internet Cash to CNY
1 MIC to ¥ 0.002665 CNY
Magic Internet Cash to TWD
1 MIC to NT$ 0.01193 TWD
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Explore other cryptocurrencies based on your interest in Magic Internet Cash.
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1 BTC to $ 1,760,539.24 NAD
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1 XVG to $ 0.2249 NAD
Steem to NAD
1 STEEM to $ 4.04 NAD
Hive to NAD
1 HIVE to $ 7.07 NAD
QuarkChain to NAD
1 QKC to $ 0.2245 NAD
Aave to NAD
1 AAVE to $ 6,210.35 NAD
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1 MBL to $ 0.06442 NAD
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1 ALGO to $ 6.71 NAD
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1 LPT to $ 276.46 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 Magic Internet Cash 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 Magic Internet Cash 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 Magic Internet Cash 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.
