Convert New Taiwan Dollar to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert New Taiwan Dollar [TWD] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to New Taiwan Dollar.
How to Convert New Taiwan Dollar to São Tomé And Príncipe Dobra (Pre-2018)
1 TWD = 0.0013178917322658 STD
Example: convert 15 TWD to STD:
15 TWD = 15 × 0.0013178917322658 STD = 0.0197683759839869 STD
New Taiwan Dollar to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| New Taiwan Dollar | São Tomé and Príncipe Dobra (pre-2018) |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.