Most places that display a date-time on the site use your personal timezone (see Timezone Settings) and most of those use one of your personal date-time format strings (see User settings).
The "abbreviated" format for date-times is used when displaying a list (in a table layout). It defaults to "%Y‑%m%8209;%d %H:%M" (where ‑ is a "non-breaking hyphen" to prevent your browser from wrapping after a hyphen in the middle of a date). The result looks like 2008‑11‑30 23:59.
The main (non-abbreviated) date-time format defaults to "%b %d, %Y at %H:%M %Z" which produces results like "Nov 30, 2008 at 23:59 EST".
You can set either format to just "ISO" as short-hand for "%Y‑%m‑%d %H:%M:%S %Z" which looks like "2008‑11‑30 23:59:30 EST" or to "RFC822" for "%a, %d %b %Y %H:%M:%S %z" giving "Sun, 31 Nov 2008 23:59:30 -0800".
The following format strings are supported (mostly just what strftime() supports):
%{ISO} | %Y‑%m‑%d %H:%M:%S %Z |
%{RFC822} | %a, %d %b %Y %H:%M:%S %z |
%{short} | Your "abbreviated" format string |
%Y | The (four-digit) year |
%m | The two-digit (zero-padded) month number |
%d | The two-digit (zero-padded) day-of-month number |
%H | The two-digit (zero-padded) hour-of-day (00..23) |
%M | The two-digit (zero-padded) minute-of-hour (00..59) |
%S | The two-digit (zero-padded) second-of-minute (00..59) |
%a | The three-letter day-of-week abbreviation |
%b | The three-letter month abbreviation |
%Z | The abbreviation for the current timezone (like "EST") |
%z | The offset from GMT for the current timezone (like "-0500") |
%% | A literal '%' character |
... | ... and several other less-common ones. |