São Tomé and Príncipe dobra brunei dollar exchange rate history (STD BND) August 2023

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

A new currency symbol for the dobra, resembling the letters 'STD' with horizontal lines through them, was introduced for official use.

The dobra's exchange rate was pegged to the euro, aiming to stabilize the currency and boost economic cooperation with the European Union.

New series of polymer banknotes with modern designs entered circulation.

São Tomé and Príncipe started issuing polymer banknotes as a means to enhance durability and reduce counterfeiting of the dobra.

Introduction of new polymer banknotes with enhanced security features.

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

The third dobra was introduced, with 1 new dobra equalling 1,000 old dobras, aiming to simplify transactions and boost confidence in the currency.

A new currency, the 'second dobra,' was introduced at a rate of 1,000 to 1 to combat hyperinflation and stabilize the economy.

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

The first devaluation of the dobra occurred, reducing its value by 53% as a result of economic instability and inflation.

The São Tomé and Príncipe dobra was introduced as the official currency of the country after gaining independence from Portugal.

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

Brunei and Singapore dollars became interchangeable at par.

Historic São Tomé and Príncipe dobra Brunei dollar