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Ecuador
Ecuador officially uses the US dollar as the currency having decided to drop the existing sucre in early 2000 after the local currency weakened to 25,000 against the US dollar. 1 dollar is divided into 100 cents
Currency regime
The US dollar floats freely against major currencies.
Commercial rates
On February 14th 2006, the US dollar was trading around 1.19 against the Euro and 1.735 against Sterling.
Tourist rates
On February 14th 2006 the US dollar was valued at around 1.69 against the Sterling. For 1 UK pound you will, therefore, receive around 1.69 US dollars for use in Ecuador.
Credit cards can be used in major resorts, but there is often a commission charge of 6-8%.
Travellers cheques are best taken in US dollars.
Buy your holiday and travel currency - Buy online securely with extra convenience and get better tourist rates than at the banks.