Convert Tanzanian Shilling to São Tomé and Príncipe Dobra
Please provide values below to convert Tanzanian Shilling [TZS] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Tanzanian Shilling.
How to Convert Tanzanian Shilling to São Tomé And Príncipe Dobra
1 TZS = 123.070644965116 STN
Example: convert 15 TZS to STN:
15 TZS = 15 × 123.070644965116 STN = 1846.05967447674 STN
Tanzanian Shilling to São Tomé And Príncipe Dobra Conversion Table
| Tanzanian Shilling | São Tomé and Príncipe Dobra |
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Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.
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.