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Timor-Leste centavo coins

From Wikipedia, the free encyclopedia
East Timorese coins introduced in 2003
For earlier currencies issued by Timor-Leste, seePortuguese Timorese escudo andPortuguese Timorese pataca.

Timor-Leste centavo coins
Several East Timorese coins.
Denominations
Superunit
 100United States dollar
Banknotesnot yet issued1
Coins1, 5, 10, 25, 50, 100 and 200 centavos
Demographics
User(s) Timor-Leste
(alongside theU.S. dollar)
Issuance
Central bankTimor-Leste
Valuation
Pegged withUnited States dollar (at 1:100 ratio)
1Timor-Leste also usesU.S. dollar notes.

Timor-Leste centavo coins were introduced inTimor-Leste (East Timor) in 2003 for use alongsideUnited States dollarbanknotes andcoins, which were introduced in 2000 to replace theIndonesian rupiah following the commencement ofU.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 toUS$1 andUS$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 inLisbon by theImprensa Nacional-Casa da Moeda, the Portuguese national mint. Unlike coins issued for thePanamanian balboa or theEcuadorian centavo, the East Timorese coins are not identical in size to their U.S. cent counterparts.

Timor-Leste centavo coins[2][3]
ImageValueTechnical parametersDescription
ReverseObverseDiameterCompositionWeightReverseObverse
1 centavo17 mmNickel-coatedsteel3.1 gNautilus shell, state title, year of emissionValue, word centavo or centavos,kaibauk representation below value,tais pattern along border
5 centavos18.75 mm4.1 gRice plant, state title, year of emission
10 centavos20.75 mm5.2 gFighting rooster, state title, year of emission
25 centavos21.25 mmNickel-brass5.85 gTraditional fishing boat (beiro), state title, year of emission
50 centavos25 mm6.5 gCoffee beans, state title, year of emission
100 centavos23.75 mmNickel-brass ring with acupronickel center plug7.25 gBoaventura de Manufahi; state title, year of emission
200 centavos25.5 mmCupronickel ring with abrass center plug8.46 gSwamp buffalo inrice paddy withMatebian background; state title, year of emission

See also

[edit]

References

[edit]
  1. ^"Timor-Leste com nova moeda de 200 centavos a circular no país a partir de hoje" [Timor-Leste has a new 200 centavos coin circulating in the country as of today].Diário de Notícias (in Portuguese). Lisbon, Portugal. 13 September 2017. Retrieved13 July 2020.
  2. ^"Public Instruction Number 01/2004 Concerning the Issuance and Use of Coins in Timor-Leste"(PDF). Banking and Payments Authority of Timor-Leste. Archived fromthe original(PDF) on 30 September 2009.
  3. ^"Central Bank Issues 200 Centavos Coin".Banco Central de Timor-Leste. 13 September 2017. Retrieved25 January 2018.

External links

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