East Timor centavo coins

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East Timor centavo coins
Timor Lorosa'e centavo coin -2.JPG
Several East Timorese coins.
Denominations
Superunit
100 United States dollar
Banknotesnot yet issued1
Coins 1, 5, 10, 25, 50, 100 and 200 centavos
Demographics
User(s)Flag of East Timor.svg  East Timor
(alongside the U.S. dollar)
Issuance
Central bank East Timor
Valuation
Pegged with United States dollar (at 1:100 ratio)
1 East Timor also uses U.S. dollar notes.

East Timor centavo coins were introduced in 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 , East Timor does not yet issue its own banknotes.

Contents

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.

East Timor centavo coins [2] [3]
ImageValueTechnical parametersDescription
ReverseObverseDiameterCompositionWeightReverseObverse
Coin TL 01cent.PNG 1 centavo17 mm Nickel-coated steel 3.1 g Nautilus shell, state title, year of emissionValue, word centavo or centavos, kaibauk representation below value, tais pattern along border
Coin TL 05cent.PNG 5 centavos18.75 mm4.1 g Rice plant, state title, year of emission
Coin TL 10cent.PNG 10 centavos20.75 mm5.2 g Fighting rooster, state title, year of emission
Coin TL 25cent.PNG 25 centavos21.25 mm Nickel-brass 5.85 gTraditional fishing boat (beiro), state title, year of emission
Coins 50 Cent Timor-Leste.png 50 centavos25 mm6.5 g Coffee beans, state title, year of emission
Coins 100 Cent Timor-Leste.png 100 centavos23.75 mmNickel-brass ring with a cupronickel center plug7.25 g Boaventura de Manufahi; state title, year of emission
200centavostl.jpg 200 centavos25.5 mm Cupronickel ring with a brass center plug8.46 g Swamp buffalo in rice paddy with Matebian background; state title, year of emission

See also

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References

  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. Retrieved 13 July 2020.
  2. "Public Instruction Number 01/2004 Concerning the Issuance and Use of Coins in Timor-Leste" (PDF). Banking and Payments Authority of East Timor. Archived from the original (PDF) on 30 September 2009.
  3. "Central Bank Issues 200 Centavos Coin". Banco Central de Timor-Leste. 13 September 2017. Retrieved 25 January 2018.