Historic Convertible Mark São Tomé and Príncipe dobra

Convertible Mark são tomé and príncipe dobra history since 22/11/2024 until today (0 years). Search for BAM to STD exchange rate history for a particular date, month or year.

The Convertible Mark is the currency of Bosnia and Herzegovina (supplied by Central Bank of Bosnia and Herzegovina and the currency supplied by Central Bank of São Tomé and Príncipe. The BAM STD historical data can be seen on the Convertible Mark são tomé and príncipe dobra 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.

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

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.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

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.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

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.

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

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.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

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.