


KWD 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.
ICPX to KWD conversion rate trend
ICPX to KWD market statistics
More info about Icrypex token on Bitget
Current ICPX to KWD exchange rate
Icrypex token to Namibian Dollar is falling this week.ICPX to KWD Conversion tables
The exchange rate of Icrypex token is increasing.ICPX to KWD
KWD to ICPX
ICPX to KWD Today vs. 24 hours ago
Amount | 13:46 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ICPX | د.ك0.1945 | د.ك0.1960 | -0.77% |
1 ICPX | د.ك0.3889 | د.ك0.3919 | -0.77% |
5 ICPX | د.ك1.94 | د.ك1.96 | -0.77% |
10 ICPX | د.ك3.89 | د.ك3.92 | -0.77% |
50 ICPX | د.ك19.45 | د.ك19.6 | -0.77% |
100 ICPX | د.ك38.89 | د.ك39.19 | -0.77% |
500 ICPX | د.ك194.46 | د.ك195.96 | -0.77% |
1000 ICPX | د.ك388.92 | د.ك391.93 | -0.77% |
ICPX to KWD Today vs. 1 month ago
Amount | 13:46 today | 1 month ago | 1M change |
---|---|---|---|
0.5 ICPX | د.ك0.1945 | د.ك0.1813 | +7.24% |
1 ICPX | د.ك0.3889 | د.ك0.3627 | +7.24% |
5 ICPX | د.ك1.94 | د.ك1.81 | +7.24% |
10 ICPX | د.ك3.89 | د.ك3.63 | +7.24% |
50 ICPX | د.ك19.45 | د.ك18.13 | +7.24% |
100 ICPX | د.ك38.89 | د.ك36.27 | +7.24% |
500 ICPX | د.ك194.46 | د.ك181.33 | +7.24% |
1000 ICPX | د.ك388.92 | د.ك362.66 | +7.24% |
ICPX to KWD Today vs. 1 year ago
Amount | 13:46 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 ICPX | د.ك0.1945 | د.ك0.2464 | -21.08% |
1 ICPX | د.ك0.3889 | د.ك0.4928 | -21.08% |
5 ICPX | د.ك1.94 | د.ك2.46 | -21.08% |
10 ICPX | د.ك3.89 | د.ك4.93 | -21.08% |
50 ICPX | د.ك19.45 | د.ك24.64 | -21.08% |
100 ICPX | د.ك38.89 | د.ك49.28 | -21.08% |
500 ICPX | د.ك194.46 | د.ك246.41 | -21.08% |
1000 ICPX | د.ك388.92 | د.ك492.81 | -21.08% |
How to convert ICPX to KWD



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