Convert Nigerian Naira to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Nigerian Naira [NGN] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Nigerian Naira.
How to Convert Nigerian Naira to São Tomé And Príncipe Dobra (Pre-2018)
1 NGN = 0.0686974526295003 STD
Example: convert 15 NGN to STD:
15 NGN = 15 × 0.0686974526295003 STD = 1.0304617894425 STD
Nigerian Naira to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Nigerian Naira | São Tomé and Príncipe Dobra (pre-2018) |
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
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.