Convert Solomon Islands Dollar to São Tomé and Príncipe Dobra
Please provide values below to convert Solomon Islands Dollar [SBD] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to São Tomé And Príncipe Dobra
1 SBD = 0.39459759712306 STN
Example: convert 15 SBD to STN:
15 SBD = 15 × 0.39459759712306 STN = 5.9189639568459 STN
Solomon Islands Dollar to São Tomé And Príncipe Dobra Conversion Table
| Solomon Islands Dollar | São Tomé and Príncipe Dobra |
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Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.
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.