Ecuador Currency

Ecuador Currency is worldwide known and you will not have to worry about money exchange issues in this country anymore. This is because the new currency of Ecuador today is the United States American Dollars.


ecuador currency

The Sucre was our currency until January 2000 when our government decided to switch to the American US$ Dollars to stabilize Ecuador's economy.

The currency transition at the beginning was very hard and many companies went out of business or bankrupt because of the exchange rate of $25,000 Sucres per $1 Dollar.

From one day to another, Ecuador turned out to be one of the most expensive countries in South America.

Fortunately by now in the year of 2010 Ecuador has strengthen its economy and companies, businesses and people are recovering from that initial currency transition shock.

Find Economic Air Flights to Ecuador and South America

National Ecuador Currency Characteristics

The bills are the same as those used in the United States but the coins are printed in Ecuador with the images of historical people of this country but they remain the same in size, weight, workmanship and color as the US coins but they are only valid within the territory of Ecuador.

US bills that circulate in Ecuador are the 5, 10, 20, 50 and 100 and the local coins are 0.01, 0.05, 0.10, 0.25, 0.50 and the 1 dollar coin. US coins, of course, are accepted as well.

With the new Ecuador currency, visitors to Ecuador will not have to deal with any exchange troubles anymore.

Some economists and business people say that the American US Dollars have helped this country in a great way to develop a stronger economy.

Ecuador Currency and Travel Tips

You can bring cash, credit card, debit card or Traveler's Checks. The best thing to do is bring a combination of plastic and cash. They are generally more accepted than Traveler's Checks.

If you would like to exchange traveler's checks for Ecuador currency, you can go to any exchange house or local bank located mostly in the main avenues of most Cities in Ecuador

Credit cards and bills also saves you a lot of waiting time in banks trying to exchange your Traveler's Checks. You can use any ATM in Ecuador with either a Plus or Cirrus debit card to withdraw cash.

ATM's can be found throughout Ecuador. Ecuador's ATM's accept most international credit cards (like Mastercard, Visa or American Express).

Most banks in Ecuador have ATM facilities which are linked up to international connecting systems that are compatible to foreigners credit cards. Using an ATM provides you with access to cash 24 hours of the day in this country.

It is also a good advice to carry Ecuador currency preferably in smaller denominations like $1, $5, $10 or $20 bills, because often the sellers of goods in small shops, stores or even at hotels will not have enough change.

Ecuador Currency in the Past

Ecuador Sucres

The SUCRE was the former currency of Ecuador. It was named after the country's independence hero Mariscal Antonio Jose de Sucre.

The bills had different colors and used to come in bank note denominations of 5, 10, 20, 50, 100, 1,000, 5,000, 10,000 and 50,000.

The coins came in different sizes and denominations of 1, 50, 100, 500 and 1,000.

Now you can visit Ecuador in a more relaxed way without the trouble of money exchanges.

Recommended Reading

Ecuador & Galapagos (Insight Guides). Click to order from Amazon

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. Click to order from Amazon

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. Click to order from Amazon

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. Click to order from Amazon

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. Click to order from Amazon

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 Indian Trails

The City of Esmeraldas

Capital of Ecuador

The City of Ibarra

Economic Galapagos Tours

If you have questions about Ecuador Currency, You can post them on our Ecuador FAQ Page and if you'd like to request more information about our exciting Amazon Jungle Tours or from our top Galapagos Island Cruises to explore this Archipelago, You can Contact us here

Back from Ecuador Currency to Galapagos Islands Homepage

Go To Ecuador Main Informative Page