Convert Kuwaiti Dinar to São Tomé and Príncipe Dobra
Please provide values below to convert Kuwaiti Dinar [KWD] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to São Tomé And Príncipe Dobra
1 KWD = 0.014624125497407 STN
Example: convert 15 KWD to STN:
15 KWD = 15 × 0.014624125497407 STN = 0.219361882461105 STN
Kuwaiti Dinar to São Tomé And Príncipe Dobra Conversion Table
| Kuwaiti Dinar | São Tomé and Príncipe Dobra |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.