Convert São Tomé and Príncipe Dobra to Eritrean Nakfa
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Eritrean Nakfa
1 STN = 1.39222 ERN
Example: convert 15 STN to ERN:
15 STN = 15 × 1.39222 ERN = 20.8833 ERN
São Tomé And Príncipe Dobra to Eritrean Nakfa Conversion Table
| São Tomé and Príncipe Dobra | Eritrean Nakfa |
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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.
Eritrean Nakfa
The Eritrean Nakfa (ERN) is the official currency of Eritrea, used for all monetary transactions within the country.
History/Origin
The Nakfa was introduced in 1997, replacing the Ethiopian Birr as Eritrea's national currency, to establish economic independence and stabilize the economy after independence in 1993.
Current Use
The ERN is actively used as the primary currency in Eritrea for everyday transactions, banking, and trade, with its value regulated by the country's central bank.