Convert Cuban Peso to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Cuban Peso [CUP] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Cuban Peso.
How to Convert Cuban Peso to São Tomé And Príncipe Dobra (Pre-2018)
1 CUP = 0.00107711226202551 STD
Example: convert 15 CUP to STD:
15 CUP = 15 × 0.00107711226202551 STD = 0.0161566839303826 STD
Cuban Peso to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Cuban Peso | São Tomé and Príncipe Dobra (pre-2018) |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.