Convert Georgian Lari to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Georgian Lari [GEL] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Georgian Lari.
How to Convert Georgian Lari to São Tomé And Príncipe Dobra (Pre-2018)
1 GEL = 0.000121596998447163 STD
Example: convert 15 GEL to STD:
15 GEL = 15 × 0.000121596998447163 STD = 0.00182395497670745 STD
Georgian Lari to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Georgian Lari | São Tomé and Príncipe Dobra (pre-2018) |
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Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.
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.