Convert Bermudan Dollar to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Bermudan Dollar [BMD] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Bermudan Dollar.
How to Convert Bermudan Dollar to São Tomé And Príncipe Dobra (Pre-2018)
1 BMD = 4.48796775843962e-05 STD
Example: convert 15 BMD to STD:
15 BMD = 15 × 4.48796775843962e-05 STD = 0.000673195163765944 STD
Bermudan Dollar to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Bermudan Dollar | São Tomé and Príncipe Dobra (pre-2018) |
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Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.
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.