What is Timor-Leste currency?
United States DollarTimor-Leste / CurrencyThe United States dollar is the official currency of the United States and its territories. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. Wikipedia
Why does Timor-Leste use the US dollar?
The US$ was chosen because it is a strong and stable currency and is widely accepted around the world. The decision to adopt the US$ was made by the National Consultative Council (NCC). The NCC represents East Timorese in all of UNTAET’s major decisions.
Is Timor a free country?
Following a United Nations-administered transition period, East Timor was internationally recognised as an independent nation in 2002.
What does the flag of Timor-Leste represent?
The new national flag was adopted on May 20, 2002, when East Timor achieved full sovereignty. The black represents more than four centuries of colonial repression, the yellow the struggle for independence, and the red the suffering of the East Timorese people. The white star symbolizes hope for the future.
What country values the US dollar most?
11 countries where the dollar is strong
- Argentina. Places where the dollar goes far are also the most beautiful!
- Egypt. Rent and food costs in Egypt are so low you may not believe it at first.
- Mexico. We hear this one all the time.
- Vietnam.
- Peru.
- Costa Rica.
- Canada.
- Puerto Rico.
Where is the Timor-Leste?
Southeast Asia
Timor-Leste (officially, Democratic Republic of Timor-Leste) is located in Southeast Asia, on the southernmost edge of the Indonesian archipelago, northwest of Australia; Dili is the capital city. Timor-Leste encompasses an area about 15,000 sq.
How many islands does Timor-Leste have?
List
Island | Other names | Population (2015 census) |
---|---|---|
Timor | Malay: Timur | 1,183,643 |
Atauro Island | English: Kambing Island Tetum: Pulau Atauro Tetum: Pulau Ata’uro Portuguese: Ilha de Ataúro Indonesian: Pulau Kambing | 9,274 |
Jaco Island | English: Jako Island Tetum: Pulau Jaco | 0 |