Convert Bhutanese Ngultrum to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Bhutanese Ngultrum [BTN] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to São Tomé And Príncipe Dobra (Pre-2018)
1 BTN = 0.00387686362861169 STD
Example: convert 15 BTN to STD:
15 BTN = 15 × 0.00387686362861169 STD = 0.0581529544291754 STD
Bhutanese Ngultrum to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
Bhutanese Ngultrum | São Tomé and Príncipe Dobra (pre-2018) |
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Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.
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.