Convert New Taiwan Dollar to São Tomé and Príncipe Dobra
Please provide values below to convert New Taiwan Dollar [TWD] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to New Taiwan Dollar.
How to Convert New Taiwan Dollar to São Tomé And Príncipe Dobra
1 TWD = 1.40614749584596 STN
Example: convert 15 TWD to STN:
15 TWD = 15 × 1.40614749584596 STN = 21.0922124376894 STN
New Taiwan Dollar to São Tomé And Príncipe Dobra Conversion Table
| New Taiwan Dollar | São Tomé and Príncipe Dobra |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.