Convert Bitcoin to Namibian Dollar
Please provide values below to convert Bitcoin [BTC] to Namibian Dollar [NAD], or Convert Namibian Dollar to Bitcoin.
How to Convert Bitcoin to Namibian Dollar
1 BTC = 4.81018577797542e-07 NAD
Example: convert 15 BTC to NAD:
15 BTC = 15 × 4.81018577797542e-07 NAD = 7.21527866696313e-06 NAD
Bitcoin to Namibian Dollar Conversion Table
| Bitcoin | Namibian Dollar |
|---|
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.