Convert Peruvian Nuevo Sol to São Tomé and Príncipe Dobra
Please provide values below to convert Peruvian Nuevo Sol [PEN] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to São Tomé And Príncipe Dobra
1 PEN = 0.170361006162819 STN
Example: convert 15 PEN to STN:
15 PEN = 15 × 0.170361006162819 STN = 2.55541509244229 STN
Peruvian Nuevo Sol to São Tomé And Príncipe Dobra Conversion Table
| Peruvian Nuevo Sol | São Tomé and Príncipe Dobra |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.