Convert São Tomé and Príncipe Dobra to Nigerian Naira
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Nigerian Naira [NGN], or Convert Nigerian Naira to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Nigerian Naira
1 STN = 0.0136429479554785 NGN
Example: convert 15 STN to NGN:
15 STN = 15 × 0.0136429479554785 NGN = 0.204644219332177 NGN
São Tomé And Príncipe Dobra to Nigerian Naira 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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.