Convert Namibian Dollar to São Tomé and Príncipe Dobra
Please provide values below to convert Namibian Dollar [NAD] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Namibian Dollar.
How to Convert Namibian Dollar to São Tomé And Príncipe Dobra
1 NAD = 0.841184104044859 STN
Example: convert 15 NAD to STN:
15 NAD = 15 × 0.841184104044859 STN = 12.6177615606729 STN
Namibian Dollar to São Tomé And Príncipe Dobra Conversion Table
| Namibian Dollar | São Tomé and Príncipe Dobra |
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Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.