Convert São Tomé and Príncipe Dobra to Chinese Yuan
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Chinese Yuan [CNY], or Convert Chinese Yuan to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Chinese Yuan
1 STN = 2.91101074729227 CNY
Example: convert 15 STN to CNY:
15 STN = 15 × 2.91101074729227 CNY = 43.665161209384 CNY
São Tomé And Príncipe Dobra to Chinese Yuan Conversion Table
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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.
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).