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The 1 sucre coin was reduced from 25 grams of 90% silver to 5 grams of 72% silver, while the condor, worth 25 sucres, was equivalent to a U.S. quarter eagle coin. The new coins were dubbed Ayoras after the president, Isidro Ayora .
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).
To mint the cóndor, the government sold 3 million sucres in silver coin (all the half-sucre coins and all the foreign silver that it had taken from circulation in southern Ecuador). The cóndor was minted at Birmingham and issued through the private banks Banco Comercial y Agrícola and Banco del Ecuador.
Some 1 and 5 peso notes were later overprinted for use as 80 centavo and 4 sucre notes, due to a conversion rate of 5 pesos = 4 sucres for the notes of this bank. The Banco de Circulación y Descuento issued 4 real and 1, 4, 5, 10 and 20 peso notes in the 1860s, whilst the Banco Nacional issued notes in the 1870s in denominations of 2 and 4 ...
Ecuadorian centavo coins; Ecuadorian peso; Ecuadorian real; Ecuadorian sucre; M. Moby Dick Coin; U. Unidad de Valor Constante
Moby Dick Coin Known in the numismatic world as a " Moby Dick Coin ", the Ecuadorian 8 Escudos doubloon , minted in Quito , Ecuador , between 1838 and 1843, is the one ounce of gold "sixteen dollar piece" Captain Ahab nails to the mast of the Pequod , promising it to the first man who "raises" Moby-Dick .
Silver coins were issued in denominations of ¼, ½, 1, 2, 4 and 8 reales, 1, 2, 4 and 8 escudos. In 1858, a coin denominated as 5 francos was issued. This was worth 8 reales and was issued to indicate the currency's link to the French franc. Coinage production was suspended in 1862.
Ecuadorian 5000 Sucres bill: Date: 9. 7. 2006: Source: Self-scanned: Author: Scanned by Uploader: Permission (Reusing this file) Public Domain: Licensing. Public ...