Convert New Zealand Dollar to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert New Zealand Dollar [NZD] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to New Zealand Dollar.
How to Convert New Zealand Dollar to São Tomé And Príncipe Dobra (Pre-2018)
1 NZD = 7.49041818883573e-05 STD
Example: convert 15 NZD to STD:
15 NZD = 15 × 7.49041818883573e-05 STD = 0.00112356272832536 STD
New Zealand Dollar to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| New Zealand Dollar | São Tomé and Príncipe Dobra (pre-2018) |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.