Convert Norwegian Krone to São Tomé and Príncipe Dobra
Please provide values below to convert Norwegian Krone [NOK] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Norwegian Krone.
How to Convert Norwegian Krone to São Tomé And Príncipe Dobra
1 NOK = 0.48420508253006 STN
Example: convert 15 NOK to STN:
15 NOK = 15 × 0.48420508253006 STN = 7.2630762379509 STN
Norwegian Krone to São Tomé And Príncipe Dobra Conversion Table
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.