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 and respectively, were designed to reduce the expense of replacing low-denomination U.S. banknotes as they wear out. 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.
Timor-Leste centavo coins Image Value Technical parameters Description Reverse Obverse Diameter Composition Weight Reverse Obverse 1 centavo17 mm Nickel-coated steel3.1 gNautilus shell, state title, year of emission Value, 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 mm Nickel-brass 5.85 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 a cupronickel center plug7.25 gBoaventura de Manufahi; state title, year of emission200 centavos25.5 mmCupronickel ring with a brass center plug8.46 gSwamp buffalo in rice paddy with Matebian background; state title, year of emission
See also Centavo – article about the use of centavos worldwide Economy of Timor-Leste
References
External links
Banking and Payments Authority of Timor-leste