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Real gross domestic product growth fell to 2% in 1982 and to −3.3% in 1983. The rate of inflation in 1983, 52.5%, was the highest ever recorded in the nation's history. Outside observers noted that, however unpopular, Hurtado deserved credit for keeping Ecuador in good standing with the international financial community and for consolidating ...
The Ecuadorian War of Independence, part of the Spanish American wars of independence of the early 19th century, was fought from 1809 to 1822 between Spain and several South American armies over control of the Real Audiencia of Quito, a Spanish colonial jurisdiction which later became the modern Republic of Ecuador.
Ecuador, [a] officially the Republic of Ecuador, [b] is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. It also includes the Galápagos Islands in the Pacific, about 1,000 kilometers (621 mi) west of the mainland.
The Quito Revolution (1809–1812) (Spanish: Proceso revolucionario de Quito (1809-1812)) was a series of events that took place between 1809 and 1812 in the Real Audiencia de Quito, which led to the establishment of a short-lived State of Quito, and which can be considered as the seed of the independence movements that ended up forming the current Republic of Ecuador.
The history of the Republic of Ecuador from 1830 to 1860 begins with the collapse of the nation of Gran Colombia in 1830, followed by the assassination of Antonio José de Sucre and the death of Simón Bolívar from tuberculosis the same year. Heartbroken at the dissolution of Gran Colombia, Bolívar is quoted to have said shortly before his ...
Real Audiencia de Quito, Real Cédula de 1563. The Real Audiencia of Quito (sometimes referred to as la Presidencia de Quito or el Reino de Quito) was an administrative unit in the Spanish Empire which had political, military, and religious jurisdiction over territories that today include Ecuador, parts of northern Peru, parts of southern Colombia and parts of northern Brazil.
Ecuador introduced its own coinage in 1833, with the Ecuadorian real replacing the earlier currencies at par. In 1856, the currency was pegged to the French franc, with 8 reales = 5 francs (1 real = 62½ centimes). From 1862, banknotes were issued denominated in pesos and reales. The real was replaced by the peso in 1871 at a rate of 8 reales ...
The Liberal Revolution of 1895 took place in Ecuador, and was a period of radical social and political upheaval. The Revolution started on June 5, 1895 and ultimately resulted in the overthrow of the conservative government, which had ruled Ecuador for several decades, by the Radical Liberals, led by Eloy Alfaro.