Convert Macedonian Denar to São Tomé and Príncipe Dobra
Please provide values below to convert Macedonian Denar [MKD] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Macedonian Denar.
How to Convert Macedonian Denar to São Tomé And Príncipe Dobra
1 MKD = 2.53052917881752 STN
Example: convert 15 MKD to STN:
15 MKD = 15 × 2.53052917881752 STN = 37.9579376822629 STN
Macedonian Denar to São Tomé And Príncipe Dobra Conversion Table
Macedonian Denar | São Tomé and Príncipe Dobra |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
São Tomé And Príncipe Dobra
The São Tomé and Príncipe Dobra (STN) is the official currency of São Tomé and Príncipe, used for all monetary transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the São Tomé and Príncipe escudo at par, and has undergone various redenominations and updates since its inception to stabilize the economy and modernize the currency system.
Current Use
Today, the Dobra remains the official currency, with banknotes and coins in circulation, and is used for everyday transactions, though it is subject to inflation and economic fluctuations.