


BGN 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.
POOLX to BGN conversion rate trend
POOLX to BGN market statistics
More info about Poolz Finance on Bitget
Current POOLX to BGN exchange rate
Poolz Finance to Namibian Dollar is falling this week.POOLX to BGN Conversion tables
The exchange rate of Poolz Finance is decreasing.POOLX to BGN
BGN to POOLX
POOLX to BGN Today vs. 24 hours ago
Amount | 15:44 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 POOLX | лв0.5003 | лв0.5251 | -4.78% |
1 POOLX | лв1 | лв1.05 | -4.78% |
5 POOLX | лв5 | лв5.25 | -4.78% |
10 POOLX | лв10.01 | лв10.5 | -4.78% |
50 POOLX | лв50.03 | лв52.51 | -4.78% |
100 POOLX | лв100.06 | лв105.01 | -4.78% |
500 POOLX | лв500.3 | лв525.07 | -4.78% |
1000 POOLX | лв1,000.59 | лв1,050.15 | -4.78% |
POOLX to BGN Today vs. 1 month ago
Amount | 15:44 today | 1 month ago | 1M change |
---|---|---|---|
0.5 POOLX | лв0.5003 | лв0.7026 | -29.05% |
1 POOLX | лв1 | лв1.41 | -29.05% |
5 POOLX | лв5 | лв7.03 | -29.05% |
10 POOLX | лв10.01 | лв14.05 | -29.05% |
50 POOLX | лв50.03 | лв70.26 | -29.05% |
100 POOLX | лв100.06 | лв140.51 | -29.05% |
500 POOLX | лв500.3 | лв702.56 | -29.05% |
1000 POOLX | лв1,000.59 | лв1,405.12 | -29.05% |
POOLX to BGN Today vs. 1 year ago
Amount | 15:44 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 POOLX | лв0.5003 | лв4.86 | -89.82% |
1 POOLX | лв1 | лв9.72 | -89.82% |
5 POOLX | лв5 | лв48.58 | -89.82% |
10 POOLX | лв10.01 | лв97.15 | -89.82% |
50 POOLX | лв50.03 | лв485.75 | -89.82% |
100 POOLX | лв100.06 | лв971.51 | -89.82% |
500 POOLX | лв500.3 | лв4,857.53 | -89.82% |
1000 POOLX | лв1,000.59 | лв9,715.07 | -89.82% |
How to convert POOLX to BGN



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