Banknotes of Timor-Leste

The official currency of Timor-Leste is the United States dollar, which replaced the East Timorese cent after its introduction in 2000. The Central Bank of Timor-Leste is the issuing authority responsible for ensuring a stable currency environment. Paper money first appeared in the country soon after its independence in 2002. A significant event in its currency history was the introduction of the East Timorese cent, which was phased out in favor of the dollar. Collectors are particularly drawn to the banknotes of Timor-Leste for their unique designs featuring local flora, fauna, and cultural icons, reflecting the nation’s identity. The series that includes the 2002 commemorative notes is of special interest due to its vibrant colors and depictions of key historical figures, marking the country's transition to sovereignty.