Coins

Coins

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Museum > Currency Histories > Coins

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
   
          
 

Forum Numismatic and notaphily


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
   

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
   

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
   

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