Convert São Tomé and Príncipe Dobra to Moroccan Dirham
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Moroccan Dirham
1 STN = 2.3182287446022 MAD
Example: convert 15 STN to MAD:
15 STN = 15 × 2.3182287446022 MAD = 34.773431169033 MAD
São Tomé And Príncipe Dobra to Moroccan Dirham Conversion Table
| São Tomé and Príncipe Dobra | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.