East Timor centavo coins

East Timor centavo coins
Doit Timór-Leste nian Centavo do Timor-Leste
Current Circulating Coins. Ten centavos that is larger than the U.S. dime.
User(s)	East Timor (alongside the U.S. dollar)
Pegged with	United States dollar (at 1:100 ratio)
Coins	1, 5, 10, 25 and 50 centavos
Banknotes	not yet issued 1
Central bank	East Timor
1 East Timor now uses U.S. dollar notes.

For earlier currencies issued by East Timor, see Portuguese Timorese escudo and Portuguese Timorese pataca.

East Timor centavo coins were introduced in East Timor in 2003 for use alongside United States Dollar banknotes and coins, which had been introduced in 2000 to replace the Indonesian rupiah following the commencement of U.N. administration. One centavo is equal to one US cent. The coins are in denominations of 1, 5, 10, 25 and 50 centavos and feature pictures of local plants and animals. East Timor does not yet issue its own banknotes.

The coins are minted in Lisbon by the Imprensa Nacional-Casa da Moeda, the Portuguese national mint.

East Timor centavo coins[1]
Image		Value	Technical parameters			Description
Reverse	Obverse		Diameter	Composition	Weight	Reverse	Obverse
		1 centavo	17mm	Nickel coated steel	3.1g	Nautilus shell, state title, year of emission	Value, word centavo or centavos, kaibauk representation below value, tais pattern along border
		5 centavos	18.75mm		4.1g	Rice plant, state title, year of emission
		10 centavos	20.75mm		5.2g	Fighting rooster, state title, year of emission
		25 centavos	21.25mm	Nickel-brass alloy	5.85g	Traditional fishing boat (beiro),state title, year of emission
		50 centavos	25mm		6.5g	Coffee beans, state title, year of emission

See also

• Economy of East Timor

External links

• Banking and Payments Authority of Timor-Leste [2]

References

1. ^ Source: Banking and Payments Authority of East Timor's Public Instruction Number 01/2004 Concerning the Issuance and Use of Coins in Timor-Leste [1]

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