fractional coins การใช้
- The smallest fractional coins authorized under the three national coinage systems are:
- The fractional coins weighed around 100 mg and contained religious symbols such as Discus, Conch and Lotus, which are the icons of Lord Vishnu.
- Even though the British sterling coins were made of silver, they were fractional coins of the British gold sovereign and hence they maintained their gold value.
- The first exclusively Macau coinage was not introduced until the year 1952, which happened to be the year after the last pataca fractional coins were minted for East Timor.
- In the 18th century, the Royalty of Spain authorized the production of copper coins by the " Ayuntamiento " ( Municipality ) of Manila in response to the acute shortage of fractional coins.
- From 1945 to 1951, fractional coins of the pataca were minted for issue in Portuguese Timor; and, in 1952, similar issues were minted for Macau including an actual pataca coin for the first time.
- When the pataca was reintroduced in 1945, it was pegged to the Portuguese escudo at a rate of 5.5 escudos = 1 pataca ( changed to 5 escudos = 1 pataca in 1949 ) and fractional coins denominated in avos ( 100 avos = 1 pataca ) were issued for the first time.