Convert São Tomé and Príncipe Dobra to Mongolian Tugrik
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Mongolian Tugrik
1 STN = 0.00588306915164899 MNT
Example: convert 15 STN to MNT:
15 STN = 15 × 0.00588306915164899 MNT = 0.0882460372747349 MNT
São Tomé And Príncipe Dobra to Mongolian Tugrik 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.
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.