Posted on Oct 21, 2025 / Finance

East Timor uses the U.S. dollar as its official currency, written as USD. They also issue coins called centavos for smaller transactions. Using the U.S. dollar makes life easier for trade and tourism. Most everyday purchases are done in cash, but some businesses accept cards. The centavo coins feature local symbols and landmarks. Since independence, using the U.S. dollar has helped stabilize the economy. It’s a unique system that reflects East Timor’s modern financial setup and global connections.
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