Convert Swiss Franc to São Tomé and Príncipe Dobra
Please provide values below to convert Swiss Franc [CHF] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Swiss Franc.
How to Convert Swiss Franc to São Tomé And Príncipe Dobra
1 CHF = 0.038063907524194 STN
Example: convert 15 CHF to STN:
15 CHF = 15 × 0.038063907524194 STN = 0.57095861286291 STN
Swiss Franc to São Tomé And Príncipe Dobra Conversion Table
Swiss Franc | São Tomé and Príncipe Dobra |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.