Convert São Tomé and Príncipe Dobra to Tanzanian Shilling
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Tanzanian Shilling
1 STN = 0.00812541447461699 TZS
Example: convert 15 STN to TZS:
15 STN = 15 × 0.00812541447461699 TZS = 0.121881217119255 TZS
São Tomé And Príncipe Dobra to Tanzanian Shilling Conversion Table
| São Tomé and Príncipe Dobra | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.