Timor-Leste centavo coins
Timor-Leste centavo coins were introduced in Timor-Leste (East Timor) in 2003 for use alongside United States dollar banknotes and coins, which were introduced in 2000 to replace the Indonesian rupiah following the commencement of U.N. administration. One centavo is equal to one U.S. cent. Coins issued for general circulation are in denominations of 1, 5, 10, 25 and 50 centavos and feature images of local plants and animals. In 2013 a 100 centavos coin was introduced followed by a 200 centavos coin in 2017. The higher value coins, equivalent to US$1 and US$2 respectively, were designed to reduce the expense of replacing low-denomination U.S. banknotes as they wear out.[1] As of 2024, Timor-Leste does not yet issue its own banknotes. The centavo coins are minted in Lisbon by the Imprensa Nacional-Casa da Moeda, the Portuguese national mint. Unlike coins issued for the Panamanian balboa or the Ecuadorian centavo, the East Timorese coins are not identical in size to their U.S. cent counterparts.
See also
References
External links
|
Portal di Ensiklopedia Dunia