Convert Swedish Krona to São Tomé and Príncipe Dobra
Please provide values below to convert Swedish Krona [SEK] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Swedish Krona.
How to Convert Swedish Krona to São Tomé And Príncipe Dobra
1 SEK = 0.457030258627707 STN
Example: convert 15 SEK to STN:
15 SEK = 15 × 0.457030258627707 STN = 6.85545387941561 STN
Swedish Krona to São Tomé And Príncipe Dobra Conversion Table
| Swedish Krona | São Tomé and Príncipe Dobra |
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Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.
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.