Convert São Tomé and Príncipe Dobra to Euro
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Euro [EUR], or Convert Euro to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Euro
1 STN = 24.4907939486338 EUR
Example: convert 15 STN to EUR:
15 STN = 15 × 24.4907939486338 EUR = 367.361909229506 EUR
São Tomé And Príncipe Dobra to Euro Conversion Table
São Tomé and Príncipe Dobra | Euro |
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.