Convert São Tomé and Príncipe Dobra to Swedish Krona
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Swedish Krona [SEK], or Convert Swedish Krona to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Swedish Krona
1 STN = 2.188038934233 SEK
Example: convert 15 STN to SEK:
15 STN = 15 × 2.188038934233 SEK = 32.820584013495 SEK
São Tomé And Príncipe Dobra to Swedish Krona Conversion Table
São Tomé and Príncipe Dobra | Swedish Krona |
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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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.