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LOCAL CURRENCY IN SãO TOMé

Would you like to know name of the currency in São Tomé? The local currency in São Tomé is called Dobra.

The Sao Tomean Dobra is issued and managed by the Banco Central de São Tomé e Príncipe. To find out the current currency exchange rates for Dobra to other major currencies of the world, click on foreign currency rates.

Sao Tomean Currency Information
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The currency used in São Tomé is called as the Dobra. This currency is denoted with the currency sign Db and the ISO 4217 Code for the Sao Tomean Dobra is STD. The Dobra, is the official currency of the São Tomé . It is divided into 100 smaller units called cêntimo.

The constitution of São Tomé provides that the São Tomé government shall have the power to print the Sao Tomean Dobra and cêntimo coins to be used as a legal tender in São Tomé. The Sao Tomean Dobra bank notes and Cêntimo coins are both designated as "legal tender" in payment of debts.

The Sao Tomean Dobra bill uses the decimal system, consisting of 100 equal units.

The symbol Db, usually written before the numerical amount, is used for the Sao Tomean Dobra.

Currently printed bank notes denominations are 5000, 10,000, 20,000, 50,000, 100,000 dobras and the coins are minted in the denominations of 100, 250, 500, 1000, 2000 dobras .

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The Effect of Balance of Trade and Investment on the Value of Sao Tomean Dobra
Financial analysts regularly cite the balance of trade and investment in São Tomé as the most important influence on the value of the Dobra. The difference between what the São Tomé exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Dobra exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Dobra exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Sao Tomean Dobra.
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