Convert São Tomé and Príncipe Dobra to Chinese Yuan (Offshore)
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Chinese Yuan (Offshore)
1 STN = 2.91197722546646 CNH
Example: convert 15 STN to CNH:
15 STN = 15 × 2.91197722546646 CNH = 43.6796583819969 CNH
São Tomé And Príncipe Dobra to Chinese Yuan (Offshore) Conversion Table
| São Tomé and Príncipe Dobra | Chinese Yuan (Offshore) |
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.