What is the currency and exchange rate in Ecuador?
Ecuador uses the US dollar (USD) as its official currency since 2000. Exchange rates fluctuate daily, but 1 euro generally equals approximately 1.05–1.15 US dollars depending on market variations.
The US dollar, official currency
Since 2000, Ecuador has adopted the US dollar (USD) as its national currency, replacing the Ecuadorian sucre. This dollarization greatly facilitates exchanges for European and American travelers.
Exchange rates and practical currency exchange
The euro/dollar exchange rate fluctuates daily on financial markets. Always check current rates before your departure via your bank or specialized websites like XE.com.
- Currency exchange possible at Ecuadorian banks
- ATMs available in major cities
- Visa and Mastercard widely accepted
- Cash recommended for rural areas
Practical tips
Carry small denomination bills (1, 5, 10 dollars) as local merchants often have difficulty making change from large bills. American coins circulate normally.