Convert Swiss Franc to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Swiss Franc [CHF] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Swiss Franc.
How to Convert Swiss Franc to São Tomé And Príncipe Dobra (Pre-2018)
1 CHF = 3.56748557118366e-05 STD
Example: convert 15 CHF to STD:
15 CHF = 15 × 3.56748557118366e-05 STD = 0.000535122835677549 STD
Swiss Franc to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
Swiss Franc | São Tomé and Príncipe Dobra (pre-2018) |
---|
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
São Tomé And Príncipe Dobra (Pre-2018)
The São Tomé and Príncipe Dobra (STD) was the official currency of São Tomé and Príncipe before 2018, used for everyday transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the Portuguese escudo after independence. It was subdivided into 100 cêntimos. The currency underwent various inflationary pressures and was replaced in 2018 by the new Dobra (STN) at a rate of 1 new Dobra = 1000 old Dobras.
Current Use
The STD is no longer in use since 2018; the country now uses the new São Tomé and Príncipe Dobra (STN). The old STD notes are considered obsolete and are primarily of historical interest.