Currency of Ecuador

The last currency of Ecuador was the Sucre, it was our coin for more than one hundred years.

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In January 2.000 president Jamil Mahuad (One of the worst Presidents in Ecuador's history) led Ecuador to a devastating economy.

He then took the desperate decision to drop the Sucre and dollarize the country's economy, switching to the famous American US Dollars.

currency of ecuador

Find the Cheapest Airline Tickets to Ecuador and South America Here

In that year this infamous Ecuadorian President decided that each American Dollar would have an exchange rate of $25,000 Sucres, can you imagine that?

Many people, companies and businesses went to bankrupt increasing the number of poor people in this country. We turned out to be one of the most expensive countries in South America.

Fortunately by now in the year of 2009 Ecuador's economy is looking better and people somehow are recovering from that shock.

National Currency in Ecuador

Today's currency of Ecuador is the "US Dollar". Ecuador has local coins for 1, 5, 10, 25 and 50 cents, which are equivalent to the American coins; however, these are only accepted in Ecuador.

US coins, of course, are accepted as well. Ecuador currency today is free of all currency exchange hassles... why?

Well you know, US Dollars are worldwide accepted in hotels, restaurants, stores, etc. And they are accepted in the Galapagos Islands as well.

And to say the truth, it is a fact that the American US Dollars have helped this country in a great way to develop its economy healthier and stronger day by day.

Ecuador is one of the most beautiful and diverse countries of South America. When you visit this country make sure you go through the exciting and wild Rain forest of Ecuador.

Explore one of the world's most diverse ecosystems with its fascinating wildlife and stunning scenery. See Our Recommended Amazon Jungle Tours

Recommended Reading

Ecuador & Galapagos (Insight Guides)

Ecuador & Galapagos (Insight Guides)
With 250 photos and tons of great information, this is an essential addition to your pre-Ecuador and -Galapagos reading! There are better guides if you are only interested in the islands, but for a combination trip taking in Ecuador as well, it's hard to beat.

Birds, Mammals, and Reptiles of the Galapagos Islands

Birds, Mammals, and Reptiles of the Galapagos Islands
Small enough to fit into your pocket, yet containing comprehensive information and pictures of all the species you will encounter in the islands, this book is a must-have for nature lovers. Let's face it, Galapagos is largely about the wildlife. This book will NOT disappoint, and you'll have a great memento of your time with the seals, penguins and tortoises!

Galapagos: The Islands That Changed the World

Galapagos: The Islands That Changed the World
Definitely NOT a tourist's guide, but if you're like me, and find the history and geography of the islands irresistible, then this is a title you ought to invest in. Stunningly illustrated, and painstakingly researched, those of you who have been there will be enchanted again -- and those of you who have not will begin planning your trip!

Moon Spotlight Galapagos Islands

Moon Spotlight Galapagos Islands
If you're a seasoned Galapagos regular, then you will probably prefer something weightier. But for first-timers looking for simple, down-to-earth advice on where to go, what to see and the best shopping and eating on the islands, this is the book for you. Small, well-priced, and reliable!

Galapagos: Islands Born of Fire

Galapagos: Islands Born of Fire
The 10th anniversary edition of this photographer's tour of the Galapagos Islands is a stunning book, worthy of anybody's coffee table. This is a perfect post-trip talking point -- a great way to remember what you've seen, and spread the word amongst your envious friends!


See More About Ecuador

Ecuador and People

Ecuador Cultures by Region

Ecuador Traditions and Celebrations

Economic Galapagos Trips

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If you have any questions about the currency of Ecuador, or if you need assistance to plan your trip around Ecuador and discover its wonders, and if you'd like to know more about our recommended Galapagos Tours to explore these Islands, You can Contact us here


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