Convert Macedonian Denar to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Macedonian Denar [MKD] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Macedonian Denar.
How to Convert Macedonian Denar to São Tomé And Príncipe Dobra (Pre-2018)
1 MKD = 0.00237170246568949 STD
Example: convert 15 MKD to STD:
15 MKD = 15 × 0.00237170246568949 STD = 0.0355755369853423 STD
Macedonian Denar to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Macedonian Denar | São Tomé and Príncipe Dobra (pre-2018) |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.