The currency used in Ecuador is called as the Dollar. This currency is denoted with the currency sign $ and the ISO 4217 Code for the Ecuadoran Dollar is USD.
The Dollar, is the official currency of the Ecuador . It is divided into 100 smaller units called Cent.
The constitution of Ecuador provides that the Ecuador government shall have the power to print the Ecuadoran Dollar and Cent coins to be used as a legal tender in Ecuador.
The Ecuadoran Dollar bank notes and Cent coins are both designated as "legal tender" in payment of debts.
The Ecuadoran Dollar bill uses the decimal system, consisting of 100 equal units.
The symbol $
, usually written before the numerical amount, is used for the Ecuadoran Dollar.
Currently printed bank notes denominations are $1, $5, $10, $20, $50, $100 $2, $500, $1,000, $5,000, $10,000, $100,000
and the coins are minted in the denominations of 1¢, 5¢, 10¢, 25¢ 50¢, $1.