São Tomé and Príncipe dobra bitcoin cash exchange rate history (STD BCH) August 2024

El Salvador becomes the first country to recognize Bitcoin, including Bitcoin Cash (BCH), as a legal tender, leading to increased adoption.

Bitcoin Cash (BCH) gains traction as a popular cryptocurrency for merchant payments due to its low fees and faster transaction times.

A contentious hard fork occurs within Bitcoin Cash (BCH) community, resulting in a split between Bitcoin Cash ABC and Bitcoin Cash Node.

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.

Bitcoin Cash (BCH) undergoes a hard fork called ABC upgrade, introducing larger block sizes and smart contract functionalities.

Bitcoin Cash (BCH) splits from Bitcoin (BTC) due to a contentious hard fork, increasing the block size to 8MB.

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.

The Genesis Block, also known as Block 0, is mined, marking the birth of Bitcoin network.

Satoshi Nakamoto publishes Bitcoin whitepaper, laying the foundation for peer-to-peer electronic cash system.

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

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.

Historic São Tomé and Príncipe dobra Bitcoin Cash