The sucre was the currency of Ecuador between 1884 and 2000. Its ISO code was ECS and it was subdivided into 100 centavos. 1884 (MDCCCLXXXIV) is a leap year starting on Tuesday (click on link to calendar) of the Gregorian calendar (or a leap year starting on Thursday of the 12-day-slower Julian calendar). ... This article is about the year 2000. ...

History

The sucre replaced the peso at par. It was named after Antonio José de Sucre. The peso was the currency of Ecuador between 1871 and 1884. ... Antonio José de Sucre The Great Marshall of Ayacucho Antonio José de Sucre (February 3, 1795 – June 4, 1830) was a South American independence leader, and one of Simón Bolívars closest friends, generals and statesmen. ...

Common denominations used throughout the 1980s and 1990s ranged from 5 to 50,000 sucres resulting from the rapid inflation experienced during this time. In 2000, in response to a major financial crisis, the country switched its currency to the United States dollar at a rate of 1 dollar = 25,000 sucres. The Sucre was fully demonotized shortly after the transition. Ecuador now only issues its own coins in denomonations from 1 centavo to 50 centavos, identical in size and value to their US counterparts and circulating within the country side by side with coins from the US. Unlike in the United States, the American Sacagawea dollar is commonly found in circulation as well, although there is no Ecuadorian counterpart. This article is about general United States currency. ... The Sacagawea Dollar is the current United States dollar coin. ...

Some notable appearances on various paper currencies include Eloy Alfaro, who appears on the 50,000-sucre bill, Dr. Eugenio de Santa Cruz y Espejo, appearing on the 500-sucre bill, and Simón Bolívar, shown on the 100-sucre bill. Eloy Alfaro Eloy Alfaro Delgado (June 25, 1842-January 28, 1912) was president of Ecuador from 1895 to 1901 and from 1906 to 1911. ... Simón José Antonio de los Santísima Trinidad Bolívar Palacios y Blanco (born July 24, 1783 in Caracas, Venezuela; died December 17, 1830 in Santa Marta, Colombia) was a South American revolutionary leader. ...

Historic exchange rates (sucres per USD):

• 2,564.5 (1995)
• 3,189.5 (1996)
• 3,988.3 (1997)
• 5,446.6 (1998)
• 11,786.8 (1999)
• 24,860.7 (January 2000)

See also: Economy of Ecuador To meet Wikipedias quality standards, this article may require rewriting and/or reformatting. ...

External link

• IMF working paper on the financial crisis.