Ecuador 1988 20 sucres

from the Mountain Groan Collection

The decade of the 1980's was rough for Ecuador. Inflation and crushing foreign debt obligations obliterated the value of the sucre, Ecuador's unit of currency since the 1880's. In 2000, the sucre was dropped altogether and the United States dollar adopted. Notes and coins were exchanged at the rate of 25,000 sucres per dollar.

Recorded mintage: unknown; the SCWC estimates about 100,000 were released.

Specification: nickel plated steel, 26 mm diameter, plain edge.

Catalog reference: KM 94.1.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1985 50 centavos
• 1988 sucre
• 1988 5 sucres
• 1988 10 sucres
• 1991 50 sucres
• 1991 5,000 sucres, Ibero-American
• 1997 100 sucres
• Coins and currency dated 1988
• return to Ecuador