Which official currency is used for daily transactions in Timor-Leste?
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Timor-Leste adopted the United States dollar as its official currency in 2000 to help stabilize its struggling economy. While US banknotes are used for paper money, the country mints its own unique centavo coins for smaller denominations. These coins feature local cultural icons, such as traditional houses and local fauna. Photo: Indiana jo, Wikimedia Commons, CC BY-SA 4.0.
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Source: Wikipedia (CC BY-SA)
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