Convert Bulgarian Lev to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Bulgarian Lev [BGN] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Bulgarian Lev.
How to Convert Bulgarian Lev to São Tomé And Príncipe Dobra (Pre-2018)
1 BGN = 7.48413503397392e-05 STD
Example: convert 15 BGN to STD:
15 BGN = 15 × 7.48413503397392e-05 STD = 0.00112262025509609 STD
Bulgarian Lev to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Bulgarian Lev | São Tomé and Príncipe Dobra (pre-2018) |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.