BER Currency News

BER Home/s

  1. Home
  2. Country Guides
  3. Ecuador - Travel & Foreign Exchange Guide

Foreign Exchange Guide to Ecuador

Country Code:
Domestic Currency:
United States Dollar
Currency Code:
Telephone Prefix:

In this guide we review :

  1. Buying United States Dollar Cash Online - Travel money for Ecuador
  2. United States Dollar (USD) - Currency Market News
  3. Sending Money to Ecuador - Save on United States Dollar bank transfers
  4. United States Dollar Exchange Rates - Latest info & charts.

Travel Money for Ecuador - Buying United States Dollar (USD)

Save money and time by Ordering your United States Dollar Online from Travelex, you get better rates and can pick up the USD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in United States Dollar otherwise you may get much worst exchange rates.

Ecuador Trip Checklist   

  1. Compare USD Travel Cash Rates - probably why you are here!
  2. Hotel Deals - Save on your accomodation in Ecuador
  3. Travel Insurance - for those unexpected travel adventures...
  4. Lonely Planet - Travel Guide 3 for 2 offer

United States Dollar (USD) - Currency Market News

In early October, Saxo Bank added its name to a growing list of banks predicting difficult times ahead for the dollar.

In late September, ABN Amro had expressed its “strong conviction” on future dollar weakness and Nomura reaffirmed its “structural bearish view,” and then, one week later, Saxo predicted that the dollar would “top out” in Q4 and “continue its longer-term decline.”

The timing of these bearish dollar forecasts was surprising given that the US currency had appeared to turn a corner in September. After falling by as much as 11.8% between January and August, the US Dollar Index climbed 3% between September 8th and October 3rd (the day of this report) on the back of the Trump administration’s progress on US tax reforms. However, in the expert opinion of ABN, Saxo and others, Trump’s tax cuts were either unlikely to make it through Congress or wouldn’t have the reflationary effect that investors were hoping for.

While ABN predicted that the dollar would weaken most against growth or commodity-sensitive currencies like the Norwegian krone, Swedish krona, Australian dollar and New Zealand dollar, Saxo saw it suffering most against the Japanese yen because of potentially massive expansion in Japanese fiscal spending (Japan will need to sure up its military in response to North Korean provocation).

Sending Money to Ecuador

When sending money to Ecuador it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 3 simple steps :

  1. Open an account with a provider (id docs may be required)
  2. You specify the local or United States Dollar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted USD amount will be transfered to the recipient account you specify in Ecuador.

You can save around 5% and maybe more - end result is more United States Dollar deposited into the recipient bank account in Ecuador and less margins and fees kept by the banks!

Compare Transfer Exchange Rates to Ecuador

United States Dollar - Latest Rate Info

Popular United States Dollar Cross Rates
View Full List (A-Z)

BER logo Best Exchange Rates - We make it Easy to Compare Exchange Rates & Fees of Banks and Currency Exchange & Payment Providers

Level 2, 50 Bridge St, Sydney NSW 2000.

Disclaimer | Copyright | Privacy Statement


Best Exchange Rates is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking Best Exchange Rates to provide you with information about currency exchange products & services from multiple financial institutions.

We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product.

If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with Best Exchange Rates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details.

Best Exchange Rates may receive fees or other benefits in relation to activity on the Best Exchange Rates website. Best Exchange Rates may receive remuneration for vendor referral links. Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.

Read our Full Terms of Service


This website and its contents are the copyright of BEST EXCHANGE RATES PTY LTD © 2009-17. All rights reserved.

Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following. You may print or download contents to a local hard disk for your personal and non-commercial use only. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material.

You may not, except with our express written permission, distribute or commercially exploit the content. You may not transmit it or store it on any other website or other form of electronic retrieval system.

For more details or request distribution right please contacxt us here.