Convert Thai Baht to São Tomé and Príncipe Dobra
Please provide values below to convert Thai Baht [THB] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Thai Baht.
How to Convert Thai Baht to São Tomé And Príncipe Dobra
1 THB = 1.54250525539546 STN
Example: convert 15 THB to STN:
15 THB = 15 × 1.54250525539546 STN = 23.1375788309319 STN
Thai Baht to São Tomé And Príncipe Dobra Conversion Table
| Thai Baht | São Tomé and Príncipe Dobra |
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Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.