Romanian leu são tomé and príncipe dobra exchange rate history (RON STD) November 2023

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

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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

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

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

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.

Historic Romanian leu São Tomé and Príncipe dobra