This is a foreign exchange guide to Ecuador, the United States Dollar currency plus USD transfers and travel tips.
In this Ecuador currency guide we take a look at :
- United States Dollar info - general info about the United States Dollar
- United States Dollar in the markets - recent USD moves and predictions from the FX markets
- Travelling in Ecuador - currency & money saving tips
- Buying United States Dollar cash online - travel money for Ecuador
- Sending money to Ecuador - save on United States Dollar bank transfers to Ecuador
- United States Dollar exchange rates - latest & historic exchange rates.
- USD News - the latest United States Dollar related articles from our blog.
United States Dollar (USD) general currency information
What is the United States Dollar currency code and symbol?
The three letter currency code for the United States Dollar is USD and the symbol is $.
Which countries use the United States Dollar?
Read our Guide to the US dollar currency.
United States Dollar (USD) in the markets
14-December-18: Against a basket of currencies, the US dollar struck an 18-month high in mid-December after negative political and economic developments weighed on rest-of-the-world currencies. At the time of writing, the dollar was showing trade-weighted appreciation of 6 percent for 2018 and was on course to gain in 10 of the year’s 12 months.
The dollar had strengthened to levels near $1.13 against the euro, which suffered due to disappointing eurozone economic data and Brexit-related uncertainties.
Brexit allowed the dollar to gain handsomely against the pound in 2018. On December-11, GBP/USD traded below 1.25 for the first time since early 2017.
The economic slowdown in China has also helped the dollar by creating safe haven flows into the US. The dollar has yet to reach the magic 7-yuan level but remains close to it, at levels near 6.9.
For 2019, JP Morgan and Morgan Stanley are both bearish the greenback. The banks remain skeptical over future Fed interest rate hikes and point to a possible US economic downturn in the second half of the year.
Scotiabank is forecasting EUR/USD at $1.30 by 2019 year-end, indicating a potential 13 percent decline in the dollar’s buying power.
The interactive chart below shows the USD to EUR exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.
Travel, Currency and Money saving tips for Ecuador
Travel money for Ecuador
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
Sending money to Ecuador
When searching around for information on how to get a good exchange rate when sending money to Ecuador you need to start with finding out the latest United States Dollar foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
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 :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or United States Dollar amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted USD amount will be transfered to the recipient account you specify in Ecuador.
Use our Send to USD 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 United States Dollar deposited into the recipient bank account and less margins and fees kept by the banks!
Bank Transfers to Ecuador
Popular USD cross rates
USD/EUR - United States Dollar to Euro - 10 Year History
|15 Dec 2018||0.8843||Latest|
|08 Dec 2018||0.8784||1 Week||+0.67%|
|15 Nov 2018||0.8830||1 Month||+0.15%|
|18 Jun 2018||0.8599||6 Months||+2.84%|
|15 Dec 2017||0.8506||1 Year||+3.96%|
|15 Dec 2016||0.9597||2 Years||-7.86%|
|16 Dec 2013||0.7267||5 Years||+21.69%|
|17 Dec 2008||0.6985||10 Years||+26.6%|
USD/GBP - United States Dollar to British Pound Sterling - 10 Year History
|15 Dec 2018||0.7943||Latest|
|08 Dec 2018||0.7855||1 Week||+1.12%|
|15 Nov 2018||0.7833||1 Month||+1.4%|
|18 Jun 2018||0.7543||6 Months||+5.3%|
|15 Dec 2017||0.7506||1 Year||+5.82%|
|15 Dec 2016||0.8049||2 Years||-1.32%|
|16 Dec 2013||0.6136||5 Years||+29.45%|
|17 Dec 2008||0.6491||10 Years||+22.37%|
USD/JPY - United States Dollar to Japanese Yen - 10 Year History
|15 Dec 2018||113.4359||Latest|
|08 Dec 2018||112.7331||1 Week||+0.62%|
|15 Nov 2018||113.5665||1 Month||-0.11%|
|18 Jun 2018||110.1386||6 Months||+2.99%|
|15 Dec 2017||112.5850||1 Year||+0.76%|
|15 Dec 2016||117.6408||2 Years||-3.57%|
|16 Dec 2013||103.0971||5 Years||+10.03%|
|17 Dec 2008||87.9731||10 Years||+28.94%|
USD/AUD - United States Dollar to Australian Dollar - 10 Year History
|15 Dec 2018||1.3930||Latest|
|08 Dec 2018||1.3873||1 Week||+0.41%|
|15 Nov 2018||1.3755||1 Month||+1.27%|
|18 Jun 2018||1.3507||6 Months||+3.13%|
|15 Dec 2017||1.3077||1 Year||+6.52%|
|15 Dec 2016||1.3579||2 Years||+2.58%|
|16 Dec 2013||1.1184||5 Years||+24.55%|
|17 Dec 2008||1.4381||10 Years||-3.14%|
USD/CAD - United States Dollar to Canadian Dollar - 10 Year History
|15 Dec 2018||1.3384||Latest|
|08 Dec 2018||1.3324||1 Week||+0.45%|
|15 Nov 2018||1.3170||1 Month||+1.62%|
|18 Jun 2018||1.3212||6 Months||+1.3%|
|15 Dec 2017||1.2867||1 Year||+4.02%|
|15 Dec 2016||1.3295||2 Years||+0.67%|
|16 Dec 2013||1.0593||5 Years||+26.35%|
|17 Dec 2008||1.2040||10 Years||+11.16%|