Convert São Tomé and Príncipe Dobra to Cayman Islands Dollar
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Cayman Islands Dollar
1 STN = 25.0609624384975 KYD
Example: convert 15 STN to KYD:
15 STN = 15 × 25.0609624384975 KYD = 375.914436577463 KYD
São Tomé And Príncipe Dobra to Cayman Islands Dollar Conversion Table
| São Tomé and Príncipe Dobra | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.