Convert STD [São Tomé and Príncipe Dobra (pre-2018)] to MGA [Malagasy Ariary] Online | Free currency Converter

STD [São Tomé and Príncipe Dobra (pre-2018)]

The São Tomé and Príncipe Dobra, abbreviated as STD, was the official currency of São Tomé and Príncipe before the 2018 redenomination. Introduced in 1977 to replace the escudo, it was issued and regulated by the Central Bank of São Tomé and Príncipe, which managed monetary policy and economic stability. The dobra was subdivided into 100 centavos and was available in both coins and banknotes. Coins typically ranged from 10 to 50 centavos, while banknotes ranged from 50 to 100,000 dobras. The STD played a vital role in daily transactions, trade, salaries, and services until it was replaced by the new dobra (STN) in 2018 to simplify the currency system and improve financial confidence.

MGA [Malagasy Ariary]

The Malagasy Ariary, abbreviated as MGA, is the official currency of Madagascar. Introduced in 1961, it replaced the Malagasy franc and is issued and regulated by the Central Bank of Madagascar, which manages monetary policy and ensures economic stability. The ariary is subdivided into 5 iraimbilanja, though these smaller units are rarely used in daily transactions. The currency is available in both coins and banknotes, with coins ranging from 1 to 50 ariary and banknotes from 100 to 20,000 ariary, featuring national heroes, cultural symbols, and iconic landmarks. Widely used in daily transactions, trade, salaries, and tourism, the MGA plays a vital role in supporting Madagascar’s domestic economy. Its stability is essential for commerce, financial confidence, and economic growth.

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