Sao Tomean Dobra
Sao Tomean Dobra
The Sao Tomean Dobra is the official currency of Sao Tome and Principe, a small island nation located in the Gulf of Guinea, off the western coast of Africa. Introduced in 1977, the Dobra is named after the Portuguese word for "doubloon," a type of gold coin. The currency is denoted by the symbol "Db" and is subdivided into 100 centimos.
The Dobra has undergone several changes throughout its history. Initially, it was pegged to the Portuguese escudo at a 1:1 ratio. However, due to economic instability and inflation, the currency was devalued multiple times. In 2018, the Central Bank of Sao Tome and Principe introduced a new series of banknotes with enhanced security features to combat counterfeiting.
As an island nation heavily dependent on agriculture and tourism, the value of the Dobra is influenced by factors such as global commodity prices, foreign investment, and political stability. The currency's exchange rate fluctuates against major international currencies, making it important for travelers and investors to stay informed about current rates.
While the Sao Tomean Dobra may not be widely recognized outside of Sao Tome and Principe, it plays a crucial role in the country's economy. As the nation continues to develop and attract more visitors, the stability and strength of its currency will remain essential for sustainable growth.
Below is the related paper currencies in Sao Tomean Dobra.
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Bermudian Dollar
Bermudian Dollar2009BMD1002009BMD102009BMD202009BMD22009BMD502009BMD5
Hungarian Forint
Hungarian Forint2015HUF100002018HUF10002017HUF200002016HUF20002017HUF50002018HUF500
US Dollar
The US Dollar is the currency of the United States of America and several other countries and territories. It is also the most widely used currency in international trade and finance, and the main reserve currency of the world. Here is a brief introduction of the US Dollar:The US Dollar was
Comorian Franc
The Comorian Franc is the official currency of the Comoros, a small island nation located in the Indian Ocean. It was introduced in 1981 to replace the French Franc, which had been in use since the country's colonial period. The currency is issued by the Central Bank of the Comoros and is available in both paper and coin form. The exchange rate of the Comorian Franc is determined by market forces and is subject to fluctuations. While the currency has faced some challenges in the past, such