Convert São Tomé and Príncipe Dobra to Laotian Kip
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Laotian Kip [LAK], or Convert Laotian Kip to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Laotian Kip
1 STN = 0.000965502579384712 LAK
Example: convert 15 STN to LAK:
15 STN = 15 × 0.000965502579384712 LAK = 0.0144825386907707 LAK
São Tomé And Príncipe Dobra to Laotian Kip Conversion Table
| São Tomé and Príncipe Dobra | Laotian Kip |
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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.
Laotian Kip
The Laotian Kip (LAK) is the official currency of Laos, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Laotian Kip was introduced in 1952, replacing the French Indochinese piastre, and has undergone various redenominations and reforms to stabilize the economy and control inflation.
Current Use
Today, the Kip remains the primary currency in Laos, used in all financial transactions, with coins and banknotes issued by the Bank of the Lao P.D.R. and widely accepted throughout the country.