Convert Cape Verdean Escudo to São Tomé and Príncipe Dobra
Please provide values below to convert Cape Verdean Escudo [CVE] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to São Tomé And Príncipe Dobra
1 CVE = 4.50061532420642 STN
Example: convert 15 CVE to STN:
15 CVE = 15 × 4.50061532420642 STN = 67.5092298630964 STN
Cape Verdean Escudo to São Tomé And Príncipe Dobra Conversion Table
| Cape Verdean Escudo | São Tomé and Príncipe Dobra |
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Cape Verdean Escudo
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, used for all monetary transactions within the country.
History/Origin
Introduced in 1914, the Escudo replaced the Cape Verdean real and has undergone various reforms, with the current version established in 1992 to stabilize the economy and modernize the currency system.
Current Use
The CVE is actively used as the legal tender in Cape Verde, with banknotes and coins circulating nationwide, and it is pegged to the Euro at a fixed rate for 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.