 | This article needs additional citations for verification. (September 2013) |
| escudo timorense (Portuguese) | |
|---|---|
 Last mintage (1970) | |
| ISO 4217 | |
| Code | TPE Obsolete per ISO 4217: 2002-11 |
| Denominations | |
| Subunit | |
| 1⁄100 | centavo |
| Banknotes | 20, 50, 100, 500 and 1000 escudos |
| Coins | 10, 20, 50 centavos, 1, 2+1⁄2, 5 and 10 escudos |
| Demographics | |
| User(s) | Portuguese Timor |
| Issuance | |
| Central bank | Banco Nacional Ultramarino |
| This infobox shows the latest status before this currency was rendered obsolete. | |
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.