Convert São Tomé and Príncipe Dobra (pre-2018) to Mongolian Tugrik
Please provide values below to convert São Tomé and Príncipe Dobra (pre-2018) [STD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to São Tomé and Príncipe Dobra (pre-2018).
How to Convert São Tomé And Príncipe Dobra (Pre-2018) to Mongolian Tugrik
1 STD = 6.27704291099647 MNT
Example: convert 15 STD to MNT:
15 STD = 15 × 6.27704291099647 MNT = 94.155643664947 MNT
São Tomé And Príncipe Dobra (Pre-2018) to Mongolian Tugrik Conversion Table
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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.
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.