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Exchange rates for the Deutsche Mark in Sao Tome and Principe / DEM 1 = STD ... (selling) / up to 1998

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  1. Exchange rates, euro foreign exchange reference rates, gold prices
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  4. DEM Deutsche Mark (historical)
  5. STD Dobra (Sao Tome and Principe)
CSV SDMX-ML 2.0 SDMX-ML 2.1
Time series key BBEX3.A.STD.DEM.CA.AB.A04
Unit STD
Dimension one
Timespan from 1978 to 1998
Last update 20.09.2023 12:50:48 PM
   
General The unit of account for 1,000 dobras is 1 conto. Listed against the euro as of 1999, see BBEX3:A:STD:EUR:CA:AB:A04.
Methodology Calculated on the basis of month-end rates.
Source Banco Central de São Tomé e Príncipe, São Tomé (formerly: Banco Nacional de São Tomé e Príncipe, São Tomé).
   
Comment on 1991 On 16 May 1991, the dobra was devalued against the US dollar by 18.3% (middle rate). We do not have any data on exchange rates for the Deutsche Mark. On 2 September 1991, the dobra was devalued. We recorded the following exchange rates (buying/selling rate): 31 August 1991: DEM 1 = STD 105.1630 / 107.2870 2 September 1991: DEM 1 = STD 147.8270 / 150.8130 Calculated using these exchange rates the dobra was devalued against the Deutsche Mark by 28.9%.
Comment on 1989 On 13 February 1989, the dobra was devalued. We recorded the following exchange rates (buying/selling rate): 10 February 1989: DEM 1 = STD 53.3450 / 54.9690 13 February 1989: DEM 1 = STD 64.1840 / 66.1380 Calculated using these exchange rates the dobra was devalued against the Deutsche Mark by 16.9%.
Comment on 1988 On 22 July 1988, the dobra was devalued. We recorded the following exchange rates (buying/selling rate): 21 July 1988: DEM 1 = STD 42.8790 / 44.1850 22 July 1988: DEM 1 = STD 53.4490 / 55.0760 Calculated using these exchange rates the dobra was devalued against the Deutsche Mark by 19.8%.
Comment on 1987 On 22 July 1987, the dobra was devalued. We recorded the following exchange rates (buying/selling rate): 21 July 1987: DEM 1 = STD 19.4121 / 20.6128 22 July 1987: DEM 1 = STD 40.8041 / 43.3287 Calculated using these exchange rates the dobra was devalued against the Deutsche Mark by 52.4%.
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