São Tomé and Príncipe dobra

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São Tomé and Príncipe dobra
dobra são-tomeano (Portuguese)
50,000 dobras Dobra coins
50,000 dobras Dobra coins
ISO 4217 Code STD
User(s) São Tomé and Príncipe
Inflation 15%
Source The World Factbook, 2006 est.
Subunit
1/100 cêntimo
Symbol Db
Coins 100, 250, 500, 1000, 2000 dobras
Banknotes 5000, 10 000, 20 000, 50 000 dobras
Central bank Banco Nacional de São Tomé e Príncipe
Website www.bcstp.st

The dobra is the currency of São Tomé and Príncipe. It is abbreviated Db and is divided into 100 cêntimos, although inflation has rendered the cêntimo obsolete. The dobra was introduced in 1977, replacing the escudo at par.

Contents

[edit] Coins

In 1977, coins were introduced for 50 cêntimos, 1, 2, 5, 10 and 20 dobras. Except for the brass 50 cêntimos and 1 dobra, these coins were struck in cupro-nickel, as was the 50 dobras introduced in 1990. In 1997, larger denominations were introduced of 100, 250, 500, 1000 and 2000 dobras. Of these, the 100 and 250 dobras are round, the remaining are equilaterally curved heptagonal.

All circulating coins bear the country's coat of arms on the obverse, with the text "Aumentemos a Produção" on the reverse.

[edit] Banknotes

In 1977, notes were introduced for 50, 100, 500 and 1000 dobras by the Banco Nacional de São Tomé e Príncipe. In 1996, 5000, 10,000, 20,000 and 50,000 dobras notes were introduced, with the lower denomination notes being replaced by coins in 1997. A new issue was issued in 2006 with upgraded security features.

All notes bear the portrait of Rei Amador on the obverse.

[edit] Historical exchange rates

Date Euro United States Dollar
1995 Not yet in circulation 1,420.3
1996 Not yet in circulation 2,203.2
1997 Not yet in circulation 4,552.5
1998 Not yet in circulation 7,104.05
October 1999 - 7,200.0
August 2004 12,002.84 -
March 2005 11,663 -
October 25, 2005 (Estimate) 9,275.93 7,665.00
October 20, 2007 19,639.90 [1] 13,738.50 [2]
January 1, 2008 20,499.73 14,050.00
Current STD exchange rates
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[edit] See also

[edit] References

[edit] External links

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