São Tomé and Príncipe The Sao Tome and Principe Dobra (STD) was the currency of Sao Tome and Principe until it was replaced by the New Dobra (STN) in 2018. The redenomination aimed to simplify transactions and reduce inflation’s impact by replacing 1,000 old dobras with 1 new dobra. The currency, issued by the Central Bank of Sao Tome and Principe, played a crucial role in the nation’s economy, which is largely dependent on cocoa exports and international aid. Due to its limited economic scale, São Tomé and Príncipe also maintains close financial cooperation with Portugal and international institutions. The adoption of the new dobra has helped to stabilize the currency, making trade and banking operations more efficient.
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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.
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