Convert Mexican Peso to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Mexican Peso [MXN] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Mexican Peso.
How to Convert Mexican Peso to São Tomé And Príncipe Dobra (Pre-2018)
1 MXN = 0.000836745684819 STD
Example: convert 15 MXN to STD:
15 MXN = 15 × 0.000836745684819 STD = 0.012551185272285 STD
Mexican Peso to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Mexican Peso | São Tomé and Príncipe Dobra (pre-2018) |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.