Convert São Tomé and Príncipe Dobra to Philippine Peso
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Philippine Peso [PHP], or Convert Philippine Peso to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Philippine Peso
1 STN = 0.366744933028697 PHP
Example: convert 15 STN to PHP:
15 STN = 15 × 0.366744933028697 PHP = 5.50117399543046 PHP
São Tomé And Príncipe Dobra to Philippine Peso 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.