ForexBeginner

São Tomé and Príncipe Dobra

a.k.a. STN, STD, Dobra

The currency of São Tomé and Príncipe, a small island nation off West Africa, pegged to the euro.
In plain English

The currency of São Tomé and Príncipe, a small island nation off West Africa, pegged to the euro.

The dobra is the money of São Tomé and Príncipe in the Gulf of Guinea. In 2018 it was redenominated, with three zeros dropped (old code STD, new code STN). It is pegged to the euro, which helps keep prices stable for a small economy that imports most of what it needs.

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