Discovery by the end of the century. XVII (1225 - 1621)
The material composition of coins was gold and silver and minted by the Chinese and Portuguese with observe D. João III e S. Tomé has the first currency was circulating Portuguese Timor in 1653. All of it circulated through traditional market that first mentioned in 1225 at the in Chinese history of the most product sandalwoodin Timor Portuguese.
D. João III - São Tomé |
Up to 1622 - 1653
By the century. XIX Timor depended on the Viceroy of India and therefore the currency of Portuguese India the first one there circular, soon followed by the currency issued by the Company of the Netherlands Indies when in 1653, won Coupon ( Kupang) to the Portuguese.
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D. João III - São Tomé |
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Until 1702 - 1886
In 1702, establishes a true Portuguese administration in Timor, it stood at Lifau in Oé-Cussi enclave. In 1769, due to the war with the local kinglet, the capital was transferred to Dili. On 24 August 1886 the files of Finance, including Lifau, are lost in a fire.
1702 - 1886 |
Until 1945 - 1951
After the war reappears the problem of currency and it is decided to maintain the Pataca as official currency and, for the first time, begins to coinage for the colony. On 1945-1951 are issued silver coins 50 Avos (½ Pataca) , alpaca 20 cents and Bronze 10 Avos. They are also issued 5 Patacas notes.
1945 - 1951 |
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From 1952-1957 there is no minting currency.
In 1958 it is reshaped monetary and abandoned system Pataca as official currency. However, since a Pataca was worth $ 6 00, the new system has this into account by the issuing 1958 consists of silver coins 6 $ 00 and 3 $ 00 alpaca 1 $ 00 and $ 60 and Bronze $ 30 and $ 10. In 1964 it issued a silver coin of 10 $ 00.
1952-1957 |
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From 1970 - 1975
In 1970 gives the last monetary reform and the obsolete system is abandoned. They are then issued in cupro-nickel coins of 10 $ 00 5 $ 00 and 2 $ 50 and in bronze, $ 1 00 $ 50 to $ 20.
1970 - 1975 |
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Timor-Indonesia 1975 to 1999
The currency in circulation along with occupation of the Indonesian government is Rupiah (IDR) Coins as a medium of exchange in Timor-Leste at the period 1975 to 1999. It is a very long after the Portuguese government leave the territory of exchange in Timor-Leste at the period 1975 to 1999. It is a very long after the Portuguese government leave the territory of Timor-Leste. The currency used are as follows.
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1975 to 1999 |
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