2009-12-31

Added 2026-06-03 · Updated 2026-09-22

Regulation (NAP) - Fixation of the Exchange Rate

The Bank of São Tomé and Príncipe fixes the euro purchase exchange rate at 24,500 dobras effective January 1, 2010 through this Permanent Application Rule. It requires financial institutions to apply this specific rate, subjecting any deviations to statutory sanctions under Decree-Law No. 32/99 and NAP No. 011/2009. The regulation formally establishes the binding exchange rate framework and takes immediate effect upon publication.

Sao Tome and Principe

Banco Central de Sao Tome e Principe

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Bank of São Tomé and Príncipe	N A P <br> PERMANENT APPLICATION RULE	CODE <br> EA 04
PROPOSER <br> P.P.M.C.	EFFECTIVE DATE <br> 01/01/2010	ISSUE DATE <br> 31/12/2009	DOC NO. <br> 017/2009	FL. <br> 1/1

Subject: Fixation of the Exchange Rate

In accordance with NAP No. 011/2009 on Alteration of the Exchange Rate Regime, and under the provisions of Articles 6° and 10° of the Exchange Rate Law - Decree-Law No. 32/99, which confers powers to the BCSTP in this matter, it determines:

The purchase rate of the euro is fixed at 24,500 dobras.
The use of a rate different from that established in the preceding number of this NAP shall be subject to the sanction provided for under the prevailing law.
This NAP takes effect from 01/01/2010.

Bank of São Tomé and Príncipe, 31 December 2009.

Reviewed/Approved	Revocation Data:

Lineage: Superseded

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

Amended 2 times · last 2017-12-14

2017-12-14BCSTPDiário da República No. 185/2017 – Central Bank of São Tomé and Príncipe Permanent Application Norms 20/2017 and 21/2017supersedes
2017-12-08BCSTPRegulation (NAP) - Setting the Exchange Rate of the 'New Family of Dobra'supersedes

Source: Banco Central de Sao Tome e Principe — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works