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Timor-Leste Currency Exchange

Explore Timor-Leste's currency history, exchange rates, and the impact of dollarisation on stability.

Currency History

Timor-Leste primarily uses the US dollar, adopted in 2000 by UNTAET and maintained post-2002 independence for stability amidst limited institutional capacity and volatile oil revenues.

Historically, Timor-Leste used Portuguese Patacas and Escudos, then Indonesian Rupiah. Dollarisation brought low, stable inflation and reduced currency risks, aiding post-conflict stability and trade. However, it limits monetary policy, potentially weakening competitiveness due to US dollar strength and hindering non-oil economic diversification.

Discussions exist for a future national currency.

Understanding Timor-Leste's Currency Landscape

Explore Timor-Leste's currency history, dollarisation benefits, and challenges. Our blog provides insights on exchange rates and economic stability, fostering informed discussions about potential future currency options.

100 US dollar banknote
100 US dollar banknote
Currency Insights and Analysis
Your Guide to Exchange Rates

We delve into the impact of dollarisation on Timor-Leste's economy, examining inflation stability, trade facilitation, and the ongoing debates surrounding a future national currency for enhanced economic diversification.

Currency Insights Blog

Explore Timor-Leste's currency history, exchange rates, and economic implications of dollarization.

Exchange Rate Analysis
A stack of Indonesian 5000 Rupiah banknotes laid out on a dark surface. The notes feature a portrait along with intricate patterns and map details. The edges are fanned out to reveal multiple banknotes, showcasing their orange, green, and brown tones.
A stack of Indonesian 5000 Rupiah banknotes laid out on a dark surface. The notes feature a portrait along with intricate patterns and map details. The edges are fanned out to reveal multiple banknotes, showcasing their orange, green, and brown tones.

Detailed insights on current exchange rates and their impact on Timor-Leste's economy.

Various denominations of Indonesian Rupiah currency notes are scattered, including 100,000, 10,000, 5,000, and 2,000 Rupiah notes, along with a 1,000 Rupiah coin. The notes display intricate designs and portraits, showcasing notable figures. The arrangement emphasizes the diverse colors and sizes of the currency.
Various denominations of Indonesian Rupiah currency notes are scattered, including 100,000, 10,000, 5,000, and 2,000 Rupiah notes, along with a 1,000 Rupiah coin. The notes display intricate designs and portraits, showcasing notable figures. The arrangement emphasizes the diverse colors and sizes of the currency.
A person is holding a smartphone displaying a currency converter app. The screen shows conversion rates between GBP and EUR, with corresponding amounts.
A person is holding a smartphone displaying a currency converter app. The screen shows conversion rates between GBP and EUR, with corresponding amounts.
Economic Diversification Strategies

Discussing potential future national currency and strategies for economic diversification in Timor-Leste.

Understanding Dollarization Effects

Impact of dollarization on inflation and trade stability in Timor-Leste.

Contact Us

A variety of Costa Rican banknotes and coins are spread on a glass surface. The banknotes are colorful and depict portraits and scenes from nature, such as a hummingbird and a sloth. The coins are mostly silver and bronze in color.
A variety of Costa Rican banknotes and coins are spread on a glass surface. The banknotes are colorful and depict portraits and scenes from nature, such as a hummingbird and a sloth. The coins are mostly silver and bronze in color.

For inquiries about Timor-Leste's currency and exchange rates, please reach out through the form.

Currency

Explore Timor-Leste's currency and exchange rates.

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