|
Currency :
The US Dollar is the official currency. For
local transactions, the Indonesian Rupiah may be accepted in border
areas, but this should not be relied on.
Currency exchange :
Travellers should take plenty of hard currency
in cash. Both the Australian ANZ bank and the Portuguese Banco
Nacional Ultramarino have branches in Dili. Cirrus/Maestro credit
cards can be used to withdraw US Dollars from an ATM.
Credit & debit cards :
These can only currently be used in the very
few expensive hotels in East Timor. Check with your credit or debit
card company for further details of merchant acceptability and other
services which may be available.
Travellers cheques :
Travellers cheques are not widely exchangeable.
Only some top-of-the-range hotels may be able to exchange them.
Exchange rate indicators :
The following figures are
included as a guide to the movements of the US Dollar against Sterling
:
|
Date |
May ’03 |
Aug '03 |
Nov '03 |
Feb ’04 |
|
£1.00= |
1.64 |
1.59 |
1.69 |
1.82 |
Currency restrictions :
Import is allowed,
although amounts of US$5000 and above must be declared.
Banking hours :
Information not currently
available. |
