Convert Chinese Yuan to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Chinese Yuan [CNY] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Chinese Yuan.
How to Convert Chinese Yuan to São Tomé And Príncipe Dobra (Pre-2018)
1 CNY = 0.0003219623190227 STD
Example: convert 15 CNY to STD:
15 CNY = 15 × 0.0003219623190227 STD = 0.0048294347853405 STD
Chinese Yuan to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Chinese Yuan | São Tomé and Príncipe Dobra (pre-2018) |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.