Convert Cayman Islands Dollar to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Cayman Islands Dollar [KYD] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to São Tomé And Príncipe Dobra (Pre-2018)
1 KYD = 3.73982353310774e-05 STD
Example: convert 15 KYD to STD:
15 KYD = 15 × 3.73982353310774e-05 STD = 0.000560973529966161 STD
Cayman Islands Dollar to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Cayman Islands Dollar | São Tomé and Príncipe Dobra (pre-2018) |
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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.
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.