Five-Hundred Escudos Bank Note of Timor From 1963

Timor

Bank Note of Five-Hundred Escudos

Issued in 1963.

Extremely fine.

The first banknotes attributable to Timor-Leste were issued in 1905. The currency of 1963 has undergone several changes over the years, with the 500 escudos banknote being one of the notable denominations. The banknotes have been issued by the Banco Nacional Ultramarino (Portuguese) to the Timor and have been a part of the country's financial history. The 500 escudos banknote, in particular, has been of interest to collectors and investors due to its rarity and historical significance.