Convert São Tomé and Príncipe Dobra to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Bosnia-Herzegovina Convertible Mark
1 STN = 12.5267230520065 BAM
Example: convert 15 STN to BAM:
15 STN = 15 × 12.5267230520065 BAM = 187.900845780097 BAM
São Tomé And Príncipe Dobra to Bosnia-Herzegovina Convertible Mark Conversion Table
São Tomé and Príncipe Dobra | Bosnia-Herzegovina Convertible Mark |
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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.
Bosnia-Herzegovina Convertible Mark
The Bosnia-Herzegovina Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina, used for everyday transactions and financial exchanges within the country.
History/Origin
Introduced in 1998, the BAM replaced the Bosnia and Herzegovina dinar following the country's monetary reform and stabilization efforts after the Bosnian War. It is pegged to the Euro at a fixed rate, ensuring stability.
Current Use
The BAM is widely used throughout Bosnia and Herzegovina for all forms of payment, including cash, banking, and electronic transactions. It remains the country's official currency and is managed by the Central Bank of Bosnia and Herzegovina.