Convert Papua New Guinean Kina to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Papua New Guinean Kina [PGK] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to São Tomé And Príncipe Dobra (Pre-2018)
1 PGK = 0.000188467718047914 STD
Example: convert 15 PGK to STD:
15 PGK = 15 × 0.000188467718047914 STD = 0.0028270157707187 STD
Papua New Guinean Kina to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Papua New Guinean Kina | São Tomé and Príncipe Dobra (pre-2018) |
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Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.
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.