Convert São Tomé and Príncipe Dobra (pre-2018) to Gibraltar Pound
Please provide values below to convert São Tomé and Príncipe Dobra (pre-2018) [STD] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to São Tomé and Príncipe Dobra (pre-2018).
How to Convert São Tomé And Príncipe Dobra (Pre-2018) to Gibraltar Pound
1 STD = 30098.3385114143 GIP
Example: convert 15 STD to GIP:
15 STD = 15 × 30098.3385114143 GIP = 451475.077671214 GIP
São Tomé And Príncipe Dobra (Pre-2018) to Gibraltar Pound Conversion Table
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São Tomé And Príncipe Dobra (Pre-2018)
The São Tomé and Príncipe Dobra (STD) was the official currency of São Tomé and Príncipe before 2018, used for everyday transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the Portuguese escudo after independence. It was subdivided into 100 cêntimos. The currency underwent various inflationary pressures and was replaced in 2018 by the new Dobra (STN) at a rate of 1 new Dobra = 1000 old Dobras.
Current Use
The STD is no longer in use since 2018; the country now uses the new São Tomé and Príncipe Dobra (STN). The old STD notes are considered obsolete and are primarily of historical interest.
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.