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    Ecuador - US dollar - Currency Guide

     

    Foreign exchange guide to Ecuador and the US dollar (USD)

       

    EUR/USD Trend (90-day)

    EUR to USD at 1.1647 is 0.8% below its 90-day average, range 1.1531-1.1888.
    |
    14-DAYHIGH
     

    The below interactive chart displays the EUR/USD trend and UP DOWN HIGH LOW alerts

     
    EUR to USD Currency Trend Chart

    General Currency Info - US dollar

    Read our Guide to the US dollar currency.

       

    USD Forecasts and Trends

    The USD had a strong month in September, outperforming all the G10 currencies. The gains can be attributed to more ‘hawkish’ commentary from the US Federal Reserve, especially in comparison to the European Central Bank.

    According to OFX the USD trend for October is unclear.

    USD Outlook

     

    €10,000 EUR
    =
    $11,648 USD

    Converted at EUR/USD interbank rate, compare Send Money and Currency Exchange exchange rates.

    EUR to USD - Quick Amounts

    Sell EUR   →   Buy USD
    EUR USD
    € 1 $ 1.1648
    € 5 $ 5.8240
    € 10 $ 11.65
    € 20 $ 23.30
    € 50 $ 58.24
    € 100 $ 116.48
    € 250 $ 291.20
    € 500 $ 582.40
    € 1,000 $ 1,165
    € 2,000 $ 2,330
    € 5,000 $ 5,824
    € 10,000 $ 11,648
    € 20,000 $ 23,296
    € 50,000 $ 58,240
    € 100,000 $ 116,480
    EUR USD
    0.8585 $ 1
    4.2925 $ 5
    8.5850 $ 10
    17.17 $ 20
    42.93 $ 50
    85.85 $ 100
    214.63 $ 250
    429.25 $ 500
    858.50 $ 1,000
    1,717 $ 2,000
    4,293 $ 5,000
    8,585 $ 10,000
    17,170 $ 20,000
    42,925 $ 50,000
    85,850 $ 100,000

    More amounts

     

    Frequently Asked Questions

     

    What currency should I use in Ecuador?

    The domestic currency in Ecuador is the US dollar.

    What is the US dollar currency code and symbol?

    The three letter currency code for the US dollar is USD — symbol is $.

    Which countries use the US dollar?

    It is the domestic currency in    United States,   East Timor,   Ecuador,   El Salvador,   British Virgin Islands,   US Virgin Islands,   Caribbean Netherlands and Turks and Caicos Islands.

    Is the US dollar a closed currency?

    No, the US dollar is freely available and convertible. See guide: What is a closed currency?

     

    Travel, Currency and Money saving tips for Ecuador

    Travel money for Ecuador

    Save money and time by Ordering your US 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 US dollar otherwise you may get much worst exchange rates.

     

    Send Money to Ecuador - Best Rates

    To get a good (and fair) exchange rate when sending money to Ecuador you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers 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 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or US 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.

    Use the above Send to US dollar calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more US dollar deposited into the recipient bank account and less margins and fees kept by the banks!


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