Convert Mexican Peso to São Tomé and Príncipe Dobra
Please provide values below to convert Mexican Peso [MXN] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Mexican Peso.
How to Convert Mexican Peso to São Tomé And Príncipe Dobra
1 MXN = 0.892780355595141 STN
Example: convert 15 MXN to STN:
15 MXN = 15 × 0.892780355595141 STN = 13.3917053339271 STN
Mexican Peso to São Tomé And Príncipe Dobra Conversion Table
| Mexican Peso | São Tomé and Príncipe Dobra |
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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
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.