Timor-Leste (East Timor) Currency code: USD. You might want to consider not to bring to much money. TPE Currency Details.

Currency name: United States dollar.

The escudo was subdivided into 100 centavos.

1-DAY 0.5% 90-DAY-LO ... and Credit cards are mostly not usable so you should carry some local currency with you. In 2003, the dollar was introduced to the general economy as the official state currency. It comprises the eastern half of Timor (hence its name) and shares a border with Indonesia to the west.

The UN Transitional Administration in East Timor (UNTAET) announced last Monday that the US dollar would be the official currency of the former Portuguese colony and Indonesian territory. The dollar replaced the Indonesian rupiah in 2000 as the currency used in official transactions. East Timor centavo coins were introduced in East Timor in 2003 for use alongside United States Dollar banknotes and coins, which had been introduced in 2000 to replace the Indonesian rupiah following the commencement of U.N. administration. Withdrawing money at a local ATM is an other option. East Timor (/-ˈ t iː m ɔːr / ()) or Timor-Leste (/ t i ˈ m ɔːr ˈ l ɛ ʃ t eɪ /; Tetum: Timór Lorosa'e), officially the Democratic Republic of Timor-Leste (Portuguese: República Democrática de Timor-Leste, Tetum: Repúblika Demokrátika Timór-Leste), is an island country in Southeast Asia. USD/INR 74.94. In East Timor the following currency is used: The United States dollar (USD): this currency is devided in 100 Cent. Continent: East & Southeast Asia.

Popular currencies . A guerrilla war ensued from 1975 to 1999 between Indonesian and pro-independence forces, during which tens of thousands of East Timor's and some foreign civilians were killed. The Democratic Republic of Timor-Leste, commonly known as East Timor (Tetum: Timór Lorosa'e; Portuguese: Timor-Leste) is a sovereign state located in Southern Asia. It replaced the pataca at a rate of 5.6 escudos = 1 pataca and was equivalent to the Portuguese escudo.

Advertisement. You can recognise the currency by the symbol $.

On July 17, 1976, Indonesia annexed East Timor, which it designated the 27th province of Indonesia, Timor Timur, with Dili as its capital. Country name: Timor-Leste (East Timor) Country code: TL. You probably need to change money when traveling to East Timor. A credit card usualy is the easiest way to pay abroad.

The decision to adopt the dollar was made by the United Nations and the government of East Timor to salvage the country from political and economic instability.

The escudo was the currency of Portuguese Timor between 1959 and 1976. It was replaced by the Indonesian rupiah following East Timor's occupation by Indonesia.