Catalog
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| Issuer | Banco Central de São Tomé e Príncipe |
|---|---|
| Year | 2017 |
| Type | Log in to see details |
| Value | 2 Dobras |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | The national coat of arms of São Tomé and Príncipe occupies the central field, featuring a shield charged with a palm tree and supported by a falcon and a parrot, the whole surmounted by a five-pointed star. Two ribbon banners flank the shield, bearing the country name and national motto. The encircling legend reads 'REPÚBLICA DEMOCRÁTICA DE S. TOMÉ E PRÍNCIPE' along the upper periphery, with the date '2017' below. |
|---|---|
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| Edge | Indented |
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| Additional information |
São Tomé e Príncipe redenominated its currency in 2010, replacing the old dobra at a rate of 1,000 to 1 — a correction made necessary by decades of inflation following independence from Portugal in 1975. The 2 dobras denomination slots into the lower-middle range of the redenominated coinage, a series that has seen limited circulation pressure given the island nation's small population of under 220,000 and its heavy reliance on the euro through a peg arrangement backed by Portugal.