The currency which circulated in Timor-Leste was the Portuguese Patacas before the date of January 1, 2010 and at that time under authority of José Antonio Teixira de Sousa as Governor in 1909 and 1910, as head of last Monarchy Government on 26 June to 4 October 1910. All of banknote was circulated have been made in 1910 and before of June 26th with the fall of the regime on 5 October that the notes which changed was the 4 denominations by entering the Escudo República in place of the crown. The denomination of currency which changed; Notas 1, 5 and 10 patacas in March 1915, 20 patacas notes in September 1920 and 1 Pataca April 3, 1922. These banknotes withdrawn from circulation on March 31, 1948.

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Issued into circulation

• Notes 1, 5 and 10 patacas in March 1915
• 20 patacas notes in September 1920.
• 1 Pataca April 3, 1922
• Withdrawn: March 31, 1948

In 1912, Banco Nacional Ultramarino (BNU) was installing a building in Timor-Leste which serves as a government safe. This period also began to circulate the first notes of one, ten twenty-five patacas, as originating in Macao with the date 1905 and 1907 and the royal crown. They were quickly removed the previous currency and exchange the Pataca Timorese for origin market with the serial 1920 and 1922.

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Chinese and Portuguese issue Patacas
There were new issues of banknotes in 1933 and in 1945 with the addition of 5 MOP note. As already happened in Macau with chinese and Portuguese issued Patacas. The situation remains until the Second World War, from 1942 to 1945 the Japanese occupied Timor and issue his paper currency. The simple currency used in "trade protection zone" Maubara-Liquiçá during World War II were designed and signed by the administrative aspiring José Duarte Santa for four months served as Head of office of the Liquica Post, was later deported the Japanese to Alor Island where only returned after the war. The other is the signature Engº Candido Resende who died in that famine victim period and ill-treatment by the Japanese occuption forces.

Japanese occupation (1942-1945)

In use the "Protection Zone" Maubara-Liquica where, during World War II, the Japanese concentrated all Portuguese colony. It is signed by the administrative aspiring José Duarte Santa for four months he served as Head of Liquica Desk;
It was later deported to the island of Alor where only returned after the war.
The other is the signature Eng Candido Resende who died in that famine victim period and ill-treatment by the Japanese occupation forces.