Ecuador Exchange rates Stats

Note: This entry provides the official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
Recent years: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat."

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STAT	AMOUNT	DATE
A note	on 13 March 2000, the National Congress approved a new exchange system whereby the US dollar was adopted as the main legal tender in Ecuador for all purposes; on 20 March 2000, the Central Bank of Ecuador started to exchange sucres for US dollars at a fixed rate of 25,000 sucres per US dollar; since 30 April 2000, all transactions are denominated in US dollars	2003
Note	the US dollar is legal tender	2011
Recent years	25,000 (2005), 25,000 (2004), 25,000 (2003), 25,000 (2002), 25,000 (2001)	2006

SOURCES: CIA World Factbook, December 2003; CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbook, 22 August 2006

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