50 Dobras

São Tomé and Príncipe has maintained the dobra through two separate currencies — the original dobra (STD) ran from 1977 until 2018, when the country redenominated at 1,000:1 and introduced the second dobra (STN). This note belongs to the transitional series that straddled that reform, remaining legal tender across the changeover as the central bank worked through a phased replacement of older stock.

Thomas De La Rue has printed São Tomé's banknotes for decades, a relationship typical of Lusophone African states whose printing infrastructure remains outsourced to European security printers. At the 50 dobra denomination, actual demand in circulation is low — the note occupies an awkward position just above coinage thresholds.