Convert São Tomé and Príncipe Dobra (pre-2018) to Malagasy Ariary
Please provide values below to convert São Tomé and Príncipe Dobra (pre-2018) [STD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to São Tomé and Príncipe Dobra (pre-2018).
How to Convert São Tomé And Príncipe Dobra (Pre-2018) to Malagasy Ariary
1 STD = 5.03171508412967 MGA
Example: convert 15 STD to MGA:
15 STD = 15 × 5.03171508412967 MGA = 75.475726261945 MGA
São Tomé And Príncipe Dobra (Pre-2018) to Malagasy Ariary Conversion Table
São Tomé and Príncipe Dobra (pre-2018) | Malagasy Ariary |
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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.
Malagasy Ariary
The Malagasy Ariary (MGA) is the official currency of Madagascar, used for all monetary transactions within the country.
History/Origin
The Ariary was introduced in 1961, replacing the Malagasy franc, and was initially pegged to the French franc. It was revalued in 2005, establishing the current decimal system and modernizing the currency.
Current Use
The MGA is actively used as Madagascar's legal tender, with coins and banknotes circulating throughout the country for everyday transactions and commerce.