Convert Moroccan Dirham to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Moroccan Dirham [MAD] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Moroccan Dirham.
How to Convert Moroccan Dirham to São Tomé And Príncipe Dobra (Pre-2018)
1 MAD = 0.000404289599583517 STD
Example: convert 15 MAD to STD:
15 MAD = 15 × 0.000404289599583517 STD = 0.00606434399375275 STD
Moroccan Dirham to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Moroccan Dirham | São Tomé and Príncipe Dobra (pre-2018) |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.