FACTOID # 1: ‘Dollar’ is the most common currency name, followed by ‘franc,’ ‘pound,’ ‘dinar,’ ‘peso,’ and ‘rupee.’
 
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South America > Ecuador > Currency

ECUADORIAN CURRENCY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Currency dollar
DEC alternative conversion factor > LCU per US$ 1 Time series
Definition: Currency > DEC alternative conversion factor > LCU per US$
ISO code ECS 218
Definition: Currency > ISO code
Official exchange rate > LCU per US$, period average 25000 Time series
Definition: Currency > Official exchange rate > LCU per US$, period average
PPP conversion factor to official exchange rate ratio 0.64 Time series [45th of 169]
Definition: Currency > PPP conversion factor to official exchange rate ratio
Real effective exchange rate index 147.85 % Time series [2nd of 96]
Definition: Currency > Real effective exchange rate index
Regime m.float
Definition: Currency > Regime
S&P/EMDB indexes > annual % change 31.97 annual % change Time series [26th of 58]
Definition: Currency > S&P/EMDB indexes > annual % change
Subdivision 100 [76th of 192]
Definition: Currency > Subdivision
Symbol S/
Definition: Currency > Symbol
Terms of trade since 1995 123.76 [20th of 117]
Definition: Currency > Terms of trade since 1995

... View all Currency stats

SOURCES: Pacific Exchange Rate Services; World Development Indicators database; The World Bank Group

ALTERNATIVE NAMES: Ecuador, Republic of Ecuador, Republica del Ecuador

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More facts and figures on Ecuador
 

COMMENTARY     

Suchita Vemuri
Staff Writer
25th February 2005 		Hi Karen, you're right. In January 2000, the country adopted the US dollar as its national currency and its use was fully implemented by September 2001, a 'dollarization' process that did away with the sucre as the official currency of exchange. The sucre and its units are not totally out of use in Ecuador, but have no currency outside the country. The sucre was named after Antonio Jose de Sucre, a leader in the movement for Ecuadoran independence. Its value at the time of the 'dollarization' move was so depleted that one USD was exchanged for 25,000 sucres.

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