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Portuguese Timorese pataca information


Portuguese Timorese pataca
Pataca timorense (Portuguese)
Denominations
Subunit
1100avo
Banknotes5, 10, 20, 50 avos, 1, 5, 10, 20, 25, 50, 100 patacas
Coins10, 20, 50 avos
Demographics
User(s)Portuguese Timor
Issuance
Central bankBanco Nacional Ultramarino
This infobox shows the latest status before this currency was rendered obsolete.

The pataca was a monetary unit of account used in Portuguese Timor between 1894 and 1958, except for the period 1942–1945, when the occupying Japanese forces introduced the Netherlands Indies gulden and the roepiah. As in the case of the Macanese pataca which is still in use today, the East Timor unit was based on the silver Mexican dollar coins which were prolific in the wider region in the 19th century. These Mexican dollar coins were in turn the lineal descendants of the Spanish pieces of eight which had been introduced to the region by the Portuguese through Portuguese Malacca, and by the Spanish through the Manila Galleon trade.

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