Convert São Tomé and Príncipe Dobra to Turkish Lira
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Turkish Lira [TRY], or Convert Turkish Lira to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Turkish Lira
1 STN = 0.516393138595524 TRY
Example: convert 15 STN to TRY:
15 STN = 15 × 0.516393138595524 TRY = 7.74589707893286 TRY
São Tomé And Príncipe Dobra to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.