Convert Malaysian Ringgit to São Tomé and Príncipe Dobra
Please provide values below to convert Malaysian Ringgit [MYR] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Malaysian Ringgit.
How to Convert Malaysian Ringgit to São Tomé And Príncipe Dobra
1 MYR = 0.202621233234211 STN
Example: convert 15 MYR to STN:
15 MYR = 15 × 0.202621233234211 STN = 3.03931849851317 STN
Malaysian Ringgit to São Tomé And Príncipe Dobra Conversion Table
| Malaysian Ringgit | São Tomé and Príncipe Dobra |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.