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GMX to NAD Converter and calculator

GMX/NAD: 1 GMX = 250.83 NAD. The price of converting 1 GMX (GMX) to Namibian Dollar (NAD) is 250.83 NAD today.
GMX
GMX
NAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMX to NAD real-time exchange rates, making it easy to convert GMX (GMX) to Namibian Dollar (NAD). The conversion result is based on real-time data. The conversion result shows that 1 GMX is currently valued at 250.83 NAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMX is currently valued at 250.83 NAD, which means buying 5 GMX would cost 1254.15 NAD. Similarly, N$1 NAD can be converted to 0.003987 GMX, and N$50 NAD can be converted to 0.01993 GMX, excluding any platform or gas fees.

Convert GMX to NAD

Convert NAD to GMX

GMX
Namibian Dollar
50 GMX
12,541.53  NAD
100 GMX
25,083.07  NAD
200 GMX
50,166.13  NAD
500 GMX
125,415.33  NAD
1000 GMX
250,830.66  NAD
5000 GMX
1,254,153.32  NAD
10000 GMX
2,508,306.65  NAD
In the table above, you'll find a comprehensive GMX to NAD converter that shows the value of GMX in Namibian Dollar across commonly used conversion amounts. The list covers conversions from 1 GMX to NAD, all the way up to 10000 GMX, providing a clear view of their respective values.
In the table above, you'll find a comprehensive NAD to GMX converter that shows the value of Namibian Dollar in GMX across commonly used conversion amounts. The list covers conversions from 1 NAD to GMX, all the way up to 100000 NAD, providing a clear view of their respective values.

GMX to NAD chart

GMX/NAD: 1 GMX = 250.83 NAD; 2025/05/04 22:39:19
In the past 1D, GMX has changed -0.43% to NAD. Based on the trend and price charts, GMX(GMX) has changed -0.43% to NAD while Namibian Dollar(NAD) has changed % to GMX in the last 24 hours.
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GMX to NAD conversion data: Volatility and price changes of GMX in NAD

The highest GMX price in NAD over the past 7 days was 296.95 NAD while the lowest GMX price in NAD over the past 7 days was 246.85 NAD. The relative change between the highs and lows in GMX price in NAD over the last 7 days indicates a volatility of %. You can view additional volatility data and GMX 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
253.85 NAD
296.95 NAD
314.09 NAD
486.42 NAD
Low
246.85 NAD
246.85 NAD
179.8 NAD
179.8 NAD
Average
0 NAD
0 NAD
0 NAD
0 NAD
Volatility
%
%
%
%
Change
-0.43%
-11.89%
+18.62%
-29.30%

GMX information

GMX to NAD market statistics

GMX/NAD:
N$250.83
GMX 24h volume:
N$108,894,182.75
GMX market cap:
N$2,536,766,183.54
GMX circulating supply:
10.11M GMX

Current GMX to NAD exchange rate

GMX to Namibian Dollar is falling this week.
GMX's current market price is N$250.83 per GMX, with a total market cap of N$2,536,766,183.54 NAD based on a circulating supply of 10,113,461 GMX. The trading volume of GMX has changed by -17.38% (N$-22,914,074.71 NAD) in the last 24 hours. Last trading day, GMX's trading volume was N$131,808,257.46.

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

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How to convert GMX to NAD

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GMX to NAD Conversion tables

The exchange rate of GMX is increasing.
The exchange rate of 1 GMX to Namibian Dollar has changed by -11.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.43%, reaching a high of 253.85 NAD and a low of 246.85 NAD . One month ago, the value of 1 GMX was N$211.45 NAD , which represents a +18.62% change from its current value. Over the last year, GMX has changed by
-N$
231.24NAD
, resulting in a change of -47.97% in its value.
24 hours ago1 month ago1 year ago
Amount22:39 today24 hours ago24h change
0.5 GMXN$125.42N$125.96
-0.43%
1 GMXN$250.83N$251.92
-0.43%
5 GMXN$1,254.15N$1,259.62
-0.43%
10 GMXN$2,508.31N$2,519.23
-0.43%
50 GMXN$12,541.53N$12,596.17
-0.43%
100 GMXN$25,083.07N$25,192.34
-0.43%
500 GMXN$125,415.33N$125,961.69
-0.43%
1000 GMXN$250,830.66N$251,923.38
-0.43%

GMX to NAD FAQ

How much is 1 GMX in NAD?
Right now, the price of 1 GMX (GMX) in Namibian Dollar (NAD) is N$250.83.
How much GMX can I buy for 1 NAD?
Based on the current exchange rate, you can get 0.003987 GMX for 1 NAD.
How do I calculate or convert GMX to NAD?
You can use our GMX to NAD calculator at the top of this page to convert any amount of GMX to NAD. We've also included quick-reference tables for the most popular conversions. For example, 5 NAD is equivalent to 0.01993 GMX, while 5 GMX will cost around 1,254.15NAD.
What is the highest price of GMX/NAD in history?
The all-time high price of 1 GMX in NAD is N$1,697.22. It remains to be seen if the value of 1 GMX/NAD will exceed the current all-time high.
What is the price trend of GMX in NAD?
Over the past 7 days, the exchange rate of GMX (GMX) has gone down by 11.89%.   Over the last month, the exchange rate of GMX (GMX) has gone up by 18.62% against Namibian Dollar (NAD).

What factors influence the conversion rate of GMX to NAD?

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