Convert São Tomé and Príncipe Dobra to Bitcoin
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Bitcoin [BTC], or Convert Bitcoin to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Bitcoin
1 STN = 2471423.05023115 BTC
Example: convert 15 STN to BTC:
15 STN = 15 × 2471423.05023115 BTC = 37071345.7534673 BTC
São Tomé And Príncipe Dobra to Bitcoin Conversion Table
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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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.