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East Timor centavo coins

East Timor centavo coins
Doit Timór-Leste nian
Centavo do Timor-Leste
Coin TL 10cent.PNG
Current Circulating Coins. The 10 centavos coin is larger than the U.S. dime.
Denominations
Banknotes not yet issued 1
Coins 1, 5, 10, 25, 50, and 100 centavos
Demographics
User(s)  East Timor (alongside the U.S. dollar)
Issuance
Central bank East Timor
Valuation
Pegged with United States dollar (at 1:100 ratio)
1East Timor now 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 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.


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