Historic Convertible Mark São Tomé and Príncipe dobra

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.