Convert Danish Krone to São Tomé and Príncipe Dobra
Please provide values below to convert Danish Krone [DKK] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Danish Krone.
How to Convert Danish Krone to São Tomé And Príncipe Dobra
1 DKK = 0.304492106132651 STN
Example: convert 15 DKK to STN:
15 DKK = 15 × 0.304492106132651 STN = 4.56738159198977 STN
Danish Krone to São Tomé And Príncipe Dobra Conversion Table
Danish Krone | São Tomé and Príncipe Dobra |
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Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.
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.