Ecuadorian centavo coins
Currency used alongside the U.S. Dollar in Ecuador / From Wikipedia, the free encyclopedia
Ecuadorian centavo coins were introduced in 2000 when Ecuador converted its currency from the sucre to the U.S. dollar.[1] The coins are in denominations of 1, 5, 10, 25 and 50 centavos and are identical in size and value to their U.S. cent counterparts (although the U.S. 50-cent coin counterpart is not often seen in circulation). They circulate within Ecuador alongside coins and banknotes from the United States.[1] Although U.S. $1 coins are rarely used in the U.S., they are commonly used in Ecuador. Ecuador managed to introduce a $1 coin (un sucre)[2] but finally decided to not release in common circulation, only in 2000 coin sets. Ecuador does not issue any banknotes, relying on U.S. issues.
Quick Facts centavo de dólar de Ecuador (Spanish), ISO 4217 ...
centavo de dólar de Ecuador (Spanish) | |
---|---|
ISO 4217 | |
Code | none not a separate currency; uses USD instead |
Unit | |
Symbol | ¢ |
Denominations | |
Superunit | |
100 | United States dollar |
Banknotes | none issued1 |
Coins | 1, 5, 10, 25, 50 centavos |
Demographics | |
User(s) | Ecuador (alongside the U.S. dollar) |
Issuance | |
Central bank | Banco Central del Ecuador |
Website | www.bce.fin.ec |
Valuation | |
Pegged with | United States dollar (at 1:100 ratio) |
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