Convert Swedish Krona to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Swedish Krona [SEK] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Swedish Krona.
How to Convert Swedish Krona to São Tomé And Príncipe Dobra (Pre-2018)
1 SEK = 0.000428345106768753 STD
Example: convert 15 SEK to STD:
15 SEK = 15 × 0.000428345106768753 STD = 0.00642517660153129 STD
Swedish Krona to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Swedish Krona | São Tomé and Príncipe Dobra (pre-2018) |
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Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.
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.