Convert Cuban Peso to São Tomé and Príncipe Dobra
Please provide values below to convert Cuban Peso [CUP] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Cuban Peso.
How to Convert Cuban Peso to São Tomé And Príncipe Dobra
1 CUP = 1.1492436540202 STN
Example: convert 15 CUP to STN:
15 CUP = 15 × 1.1492436540202 STN = 17.238654810303 STN
Cuban Peso to São Tomé And Príncipe Dobra Conversion Table
| Cuban Peso | São Tomé and Príncipe Dobra |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.