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Centavo de Timor-Leste (Portuguese)
Doit Timór-Leste nian (Tetum)
Current Circulating Coins. The 10 centavos coin is larger than the U.S. dime.
Denominations
Superunit
 100dollar
Banknotesnot issued1
Coins1, 5, 10, 25, 50, 100 and 200 centavos
Demographics
User(s) East Timor
Issuance
Central bankEast Timor
Valuation
Pegged withUnited States dollar (at 1:100 ratio)
1 East Timor 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 2022, East Timor does not yet issue its own banknotes.

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.

Production

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The centavo coins are minted in Lisbon by the Imprensa Nacional-Casa da Moeda, the Portuguese national mint. De 200 in Australie

Overview

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Design

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East Timor centavo coins (2003–present)[2],[3]
Image Value Technical parameters Description Date of
Diameter Mass Composition Edge Obverse Reverse minting issue withdrawal lapse
  1 centavo 17 mm 3.1 g Nickel-coated steel Smooth Value, word centavo or centavos, kaibauk representation below value, tais pattern along border Nautilus shell, state title, year of emission 2003~2012 10 November 2003[4] Current
  5 centavos 18.75 mm 4.1 g Rice plant, state title, year of emission 2003~2017
  10 centavos 20.75 mm 5.2 g Fighting rooster, state title, year of emission 2003~2012
  25 centavos 21.25 mm 5.85 g Nickel-brass Traditional fishing boat (beiro), state title, year of emission 2003~2017
  50 centavos 25 mm 6.5 g Coffee beans, state title, year of emission 2003~2017
  100 centavos 23.75 mm 7.25 g Nickel-brass ring with a cupronickel center plug rand? Boaventura de Manufahi; state title, year of emission 2012, 2017 13 September 2013[5]
  200 centavos[6] 25.5 mm 8.46 g Cupronickel ring with a brass center plug rand? Water buffalo in rice paddy with Matebian background; state title, year of emission 2017 13 September 2017
These images are to scale at 2.5 pixels per millimetre. For table standards, see the coin specification table.


See also

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References

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  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. 2017-09-13. Retrieved 2020-07-13.
  2. ^ Banking and Payments Authority of East Timor's Public Instruction Number 01/2004 Concerning the Issuance and Use of Coins in Timor-Leste [1] Archived 2009-09-30 at the Wayback Machine
  3. ^ http://www.mj.gov.tl/jornal/public/docs/2017/serie_1/SERIE_I_NO_34_B.pdf
  4. ^ https://www.bancocentral.tl/en/go/coins-in-circulation
  5. ^ http://timor-leste.gov.tl/?p=8916
  6. ^ "Central Bank Issues 200 Centavos Coin". Banco Central de Timor-Leste. 2017-09-13. Retrieved 2022-06-19.
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Category:Circulating currencies Category:Currencies of East Timor Category:Economy of East Timor Category:Currencies introduced in 2003 Category:2003 establishments in East Timor