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Portuguese Timor Escudo
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. Coins The first coins issued, dated 1958, were in denominations of 10, 30 and 60 centavos, 1, 3 and 6 escudos. The unusual denominations (see also the banknotes, below) may have been due to the exchange rate from the previous currency. The 10 and 30 centavos were struck in bronze, the 60 centavos and 1 escudo in cupro-nickel, and the 3 and 6 escudos in silver. In 1964, a silver 10 escudos was introduced, followed, in 1970, by more conventional denominations of 20 and 50 centavos, 1, , 5 and 10 escudos. The 20 and 50 centav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Timor
Portuguese Timor ( pt, Timor Português) was a colonial possession of Portugal that existed between 1702 and 1975. During most of this period, Portugal shared the island of Timor with the Dutch East Indies. The first Europeans to arrive in the region were the Portuguese in 1515.West, p. 198. Dominican friars established a presence on the island in 1556, and the territory was declared a Portuguese colony in 1702. Following the beginning of the Carnation Revolution (a Lisbon-instigated decolonisation process) in 1975, East Timor was invaded by Indonesia. However, the invasion was not recognized as legal by the United Nations (UN), which continued to regard Portugal as the legal Administering Power of East Timor. The independence of East Timor was finally achieved in 2002 following a UN-administered transition period. History Early colonialists Prior to the arrival of European colonial powers, the island of Timor was part of the trading networks that stretched between India and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Timor Centavo Coins
East Timor centavo coins were introduced in East Timor in 2003 for use alongside United States dollar banknotes and coins, which were introduced in 2000 to replace the Indonesian rupiah following the commencement of U.N. administration. One centavo is equal to one U.S. cent. Coins issued for general circulation are in denominations of 1, 5, 10, 25 and 50 centavos and feature images of local plants and animals. In 2013 a 100 centavos coin was introduced followed by a 200 centavos coin in 2017. The higher value coins, equivalent to and respectively, were designed to reduce the expense of replacing low-denomination U.S. banknotes as they wear out. , East Timor does not yet issue its own banknotes. The centavo coins are minted in Lisbon by the Imprensa Nacional-Casa da Moeda, the Portuguese national mint. Unlike coins issued for the Panamanian balboa or the Ecuadorian centavo, the East Timorese coins are not identical in size to their U.S. cent counterparts. See also * Centa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1959 Establishments In Portuguese Timor
Events January * January 1 - Cuba: Fulgencio Batista flees Havana when the forces of Fidel Castro advance. * January 2 - Lunar probe Luna 1 was the first man-made object to attain escape velocity from Earth. It reached the vicinity of Earth's Moon, and was also the first spacecraft to be placed in heliocentric orbit. * January 3 ** The three southernmost atolls of the Maldive archipelago (Addu Atoll, Huvadhu Atoll and Fuvahmulah island) declare independence. ** Alaska is admitted as the 49th U.S. state. * January 4 ** In Cuba, rebel troops led by Che Guevara and Camilo Cienfuegos enter the city of Havana. ** Léopoldville riots: At least 49 people are killed during clashes between the police and participants of a meeting of the ABAKO Party in Léopoldville in the Belgian Congo. * January 6 ** Fidel Castro arrives in Havana. ** The International Maritime Organization is inaugurated. * January 7 – The United States recognizes the new Cuban government of Fidel Castro. * Ja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
