LRD to STD
Currency conversion rates from LRD to STD
|1 LRD||1 STD|
|5 LRD||5 STD|
|10 LRD||10 STD|
|20 LRD||20 STD|
|50 LRD||50 STD|
|100 LRD||100 STD|
|250 LRD||250 STD|
|500 LRD||500 STD|
|1000 LRD||1000 STD|
|2000 LRD||2000 STD|
|5000 LRD||5000 STD|
|10000 LRD||10000 STD|
|1 STD||1 LRD|
|5 STD||5 LRD|
|10 STD||10 LRD|
|20 STD||20 LRD|
|50 STD||50 LRD|
|100 STD||100 LRD|
|250 STD||250 LRD|
|500 STD||500 LRD|
|1000 STD||1000 LRD|
|2000 STD||2000 LRD|
|5000 STD||5000 LRD|
|10000 STD||10000 LRD|
LRD - Liberian Dollar (L$)
The Liberian Dollar has been the official currency of the Republic of Liberia since 1943. The Liberian currency includes coins and banknotes, which are issued by the Central Bank of Liberia. The symbol used is L$, to differentiate it from other Dollar currencies.
The Liberian Dollar is the currency in Liberia (LR, LBR). The symbol for LRD can be written $. The Liberian Dollar is divided into 100 cents. The exchange rate for the Liberian Dollar was last updated on May 24, 2019 from Yahoo Finance. The LRD conversion factor has 5 significant digits.
- Liberia’s economy is supported by free enterprise. They have a so-called Open Door Policy to persuade businesses and investors to participate profitably in their economy.
- Liberia is gifted with great natural resources tht provide prospective and outstanding market opportunities.
- The total Liberian economy has been improving; the real GDP growth reached 7 % in 2006, and its inflation is in single digits.
- The government has placed cash management controls, maintained a well-balanced budget, and restored transparency to their budget process.
- The unemployment rate in the formal sector reached 80%, with this there is a critical period of progression in the restoration of productive opportunities in livelihood.
- In the year 2005, Liberia had an external debt estimated at U$S7 billion, which is equivalent to 3,040% of their exports on an NPV basis.
- The Liberian Dollar was introduced in 1847.
- The Liberian currency was pegged at parity with the US Dollar and both were being used until 1907.
- From 1847 to 1896, copper 1 and 2 cent coins were the only Liberian coins being issued After that, 1, 2, 10, 25 and 50 cent coins were gradually introduced.
- Between 1857 and 1880, the Treasury Department issued banknotes of 1, 2, 3, 5, 10 Dollars and 10 and 50 cents.
STD - São Tomé & Príncipe Dobra (1977–2017) (STD)
São Tomé & Príncipe Dobra (1977–2017)
Sao Tome and Principe are two small Portuguese-speaking islands approximately 140 kilometers apart in the Gulf of Guinea. The Dobra is the official currency of the islands and is represented by the symbol Db. The Dobra was pegged to the Euro in 2010 at a stable rate of 1 Euro = 24,500 STD.
The Sao Tome Dobra is the currency in Sao Tome and Principe (ST, STP). The symbol for STD can be written Db. The Sao Tome Dobra is divided into 100 centimos. The exchange rate for the Sao Tome Dobra was last updated on May 24, 2019 from Yahoo Finance. The STD conversion factor has 5 significant digits.
- Economic development in Sao Tome and Principe has been adversely affected by factors such as government decisions and natural disasters, as well as lack of resources.
- Cocoa has been the main contributor to economic development in Sao Tome and Principe for the past 34 years. However, this has been affected by disasters such as drought. Bananas, fish, cinnamon, beans, and poultry also contribute to agricultural production, but it does not meet the needs of the consumers.
- Modern economic development has been geared towards developing the large amount of oil said to be present in the Gulf of Guinea.
- The majority of manufactured goods are imported.
- The authorities have tried to decrease price controls and grants, but monetary development has remained inactive.
- The Escudo was replaced by the Dobra at a rate of 1:1.
- In 1996, banknotes were issued in denominations of 5,000, 10,000, 20,000 and 50,000 dobras.
- In 1997, coins were issued in denominations of 50 cêntimos, 1, 2, 5, 10 and 20 dobras.
- In 1997, banknotes were issued in denominations of 50, 100, and 1,000 dobra.
- In 2008, 10,000 dobra banknotes were issued.
- In 2010, the Dobra was officially pegged to the Euro at a stable rate of 1 Euro = 24,500 STD.