Historic São Tomé and Príncipe dobra Burundian Franc

São Tomé and Príncipe dobra burundian franc history since 14/05/2024 until today (0 years). Search for STD to BIF exchange rate history for a particular date, month or year.

is the currency (supplied by Central Bank of São Tomé and Príncipe and the Burundian Franc the currency of Burundi supplied by Bank of the Republic of Burundi. The STD BIF historical data can be seen on the São Tomé and Príncipe dobra burundian franc historical chart.

01/01/2020: New Currency Symbol

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

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

24/05/2018: Dobra Pegged to Euro

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

01/01/2016: Introduction of Polymer Banknotes

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

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

01/01/2010: Currency Redenomination

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

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

01/01/1997: Introduction of the New Dobra

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

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

24/12/1979: First Currency Devaluation

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

30/06/1977: Introduction of the Dobra

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

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.