How Employers Can Transfer Salaries to FDW Families in Indonesia
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The São Toméan Dobra (STN) is the official currency of São Tomé and Príncipe, issued by the Central Bank of São Tomé and Príncipe. In 2018, a currency redenomination took place, with 1 new dobra (STN) replacing 1,000 old dobras (STD) to simplify transactions. The dobra is a free-floating currency, with its exchange rate influenced by cocoa exports, foreign aid, and tourism, which are the key economic drivers of the island nation. The dobra is subdivided into 100 cêntimos, and banknotes are available in denominations from STN 5 to STN 200, while coins range from STN 0.10 to STN 2.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.