| 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) |
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.
- ^ a b Behnke, Alison (2008). Ecuador in Pictures. Twenty-First Century Books. p. 68. ISBN 978-0822585732.
- ^ "Numista Ecuador $1 webpage". Numista. Retrieved 2018-06-26.