The sucre was the official currency of Ecuador until 2000. At that time, in response to a major financial crisis, the country switched its currency to the US dollar. This article is about the year 2000. ... The United States dollar is the official currency of the United States. ...

The sucre was divided into 100 centavos. It was named after Antonio José de Sucre. Antonio José de Sucre 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.

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 Delgado (June 25, 1842-January 28, 1912) was president of Ecuador from 1895 to 1901 and from 1906 to 1911. ... Simón José Antonio de la Santísima Trinidad Bolívar y Palacios (July 24, 1783 – December 17, 1830) was a South American revolutionary leader. ...

Historic exchange rates (sucres per USD):

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

See also: Economy of Ecuador elevation of Vice President Gustavo Noboa to the presidency. ...

External link

• IMF working paper on the financial crisis.