Convert Bitcoin to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Bitcoin [BTC] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Bitcoin.
How to Convert Bitcoin to São Tomé And Príncipe Dobra (Pre-2018)
1 BTC = 3.79229193808224e-10 STD
Example: convert 15 BTC to STD:
15 BTC = 15 × 3.79229193808224e-10 STD = 5.68843790712336e-09 STD
Bitcoin to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Bitcoin | São Tomé and Príncipe Dobra (pre-2018) |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.