Portuguese Timorese pataca
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The pataca was the currency of Portuguese Timor between 1894 and 1959, except for the period 1942-1945, when the occupying Japanese introduced the Netherlands Indies gulden and roepiah. It was equal in value to the Macanese pataca and was subdivided into 100 avos.
Initially, Macanese coins and notes were used. These were supplemented from 1912 by locally issued banknotes of the Banco Nacional Ultramarino. Denominations ranged from 5 avos up to 100 patacas. No coins were issued specifically for Timor until 1945, when 10, 20 and 50 avos coins were introduced. The sizes of these coins matched those of the Portuguese 20 centavos and 1 and 2½ escudos, reflecting the exchange rate of 5 escudos to the pataca which existed at that time. However, when the pataca was replaced by the escudo, it was at a rate of 1 pataca = 5.6 escudos.
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