Convert United States Dollar to São Tomé and Príncipe Dobra
Please provide values below to convert United States Dollar [USD] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to United States Dollar.
How to Convert United States Dollar to São Tomé And Príncipe Dobra
1 USD = 0.0478851522508416 STN
Example: convert 15 USD to STN:
15 USD = 15 × 0.0478851522508416 STN = 0.718277283762624 STN
United States Dollar to São Tomé And Príncipe Dobra Conversion Table
| United States Dollar | São Tomé and Príncipe Dobra |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.