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Portuguese Timorese escudo
escudo timorense(Portuguese)
Last mintage (1970)
ISO 4217
Code
TPE Obsolete per ISO 4217: 2002-11
Denominations
Subunit
1⁄100
centavo
Banknotes
20, 50, 100, 500 and 1000 escudos
Coins
10, 20, 50 centavos, 1, 2+1⁄2, 5 and 10 escudos
Demographics
User(s)
Portuguese Timor
Issuance
Central bank
Banco Nacional Ultramarino
This infobox shows the latest status before this currency was rendered obsolete.
The escudo was the currency of Portuguese Timor between 1959 and 1976. It replaced the pataca at a rate of 5.6 escudos = 1 pataca and was equivalent to the Portuguese escudo. It was replaced by the Indonesian rupiah at an unknown exchange rate following East Timor's occupation by Indonesia. The escudo was subdivided into 100 centavos.
East Timor (formerly Portuguese Timor) now uses the United States dollar banknotes and has its own coins in circulation.
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