Convert Kuwaiti Dinar to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Kuwaiti Dinar [KWD] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to São Tomé And Príncipe Dobra (Pre-2018)
1 KWD = 1.37062535342746e-05 STD
Example: convert 15 KWD to STD:
15 KWD = 15 × 1.37062535342746e-05 STD = 0.000205593803014119 STD
Kuwaiti Dinar to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Kuwaiti Dinar | São Tomé and Príncipe Dobra (pre-2018) |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international 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.