Convert Moroccan Dirham to São Tomé and Príncipe Dobra
Please provide values below to convert Moroccan Dirham [MAD] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Moroccan Dirham.
How to Convert Moroccan Dirham to São Tomé And Príncipe Dobra
1 MAD = 0.431363817021256 STN
Example: convert 15 MAD to STN:
15 MAD = 15 × 0.431363817021256 STN = 6.47045725531884 STN
Moroccan Dirham to São Tomé And Príncipe Dobra Conversion Table
| Moroccan Dirham | São Tomé and Príncipe Dobra |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.