Convert Mozambican Metical to São Tomé and Príncipe Dobra
Please provide values below to convert Mozambican Metical [MZN] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Mozambican Metical.
How to Convert Mozambican Metical to São Tomé And Príncipe Dobra
1 MZN = 3.04656352204872 STN
Example: convert 15 MZN to STN:
15 MZN = 15 × 3.04656352204872 STN = 45.6984528307308 STN
Mozambican Metical to São Tomé And Príncipe Dobra Conversion Table
| Mozambican Metical | São Tomé and Príncipe Dobra |
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Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.
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.