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Foreign Exchange Guide to Ecuador

This currency guide to Ecuador helps you choose the best way to save money on EUR transfers and travel money.    [USD/EUR=0.8978]

 
Ecuador
Country Code:
EC
Domestic Currency:
United States Dollar
Symbol - Code:
U$ USD
Telephone Prefix:
+593

This is a foreign exchange guide to Ecuador, the United States Dollar currency plus sending USD transfers and travel tips.

In this Ecuador currency guide we take a look at :

  1. United States Dollar info - general info about the United States Dollar
  2. United States Dollar in the markets - recent USD moves and predictions from the FX markets
  3. Travelling in Ecuador - currency & money saving tips
  4. Buying United States Dollar cash online - travel money for Ecuador
  5. Sending money to Ecuador - save on United States Dollar bank transfers to Ecuador
  6. United States Dollar exchange rates - latest & historic exchange rates.
  7. 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 U$.


Which countries use the United States Dollar?

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

Read our Guide to the US dollar currency.


United States Dollar (USD) in the markets

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

For more USD bank forecasts and cross-rate trends read the report USD trends and forecasts.

For more details read the full article United States Dollar Forecasts.

The interactive chart below shows the USD to EUR exchange rate and trend for the previous 3 months:

USD/EUR 90-DAY TREND: At 0.9013 USD to EUR is trading 0.4% below the average 0.9052 with a range 0.8951 to 0.9175. There are no current alerts.
10 Dec, 2019 16:01-EST 21:01-GMT 08:01-AEDT(+1D)

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    

 
  1. Compare USD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Ecuador
  3. Lonely Planet - world's best travel guide (coupon and deals)

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 :

  1. Open an account with a BER reviewed FX 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.

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

Compare Transfer Rates

 

USD/EUR - United States Dollar to Euro - Historical Rates

PeriodChange*USD/EURDate
1 Day-0.3%0.903909 Dec 2019
7 Day-0.1%0.902303 Dec 2019
30 Day-0.7%0.907310 Nov 2019
3 Month-0.7%0.908011 Sep 2019
1 Year+2.4%0.880610 Dec 2018
5 Year+11.8%0.806111 Dec 2014
10 Year+32.4%0.680912 Dec 2009

*For period to 10-Dec 21UTC when USD/EUR was 0.9013

USD/GBP - United States Dollar to British Pound Sterling - 10 Year History

PeriodChange*USD/GBPDate
1 Day-0.3%0.760709 Dec 2019
7 Day-1.4%0.769403 Dec 2019
30 Day-3%0.781610 Nov 2019
3 Month-6.4%0.810711 Sep 2019
1 Year-4.7%0.796210 Dec 2018
5 Year+19.3%0.635611 Dec 2014
10 Year+23.4%0.614512 Dec 2009

*For period to 10-Dec 21UTC when USD/GBP was 0.7585

USD/AUD - United States Dollar to Australian Dollar - Historical Rates

PeriodChange*USD/AUDDate
1 Day+0.2%1.464909 Dec 2019
7 Day+0.5%1.459803 Dec 2019
30 Day+0.6%1.458210 Nov 2019
3 Month+0.9%1.454411 Sep 2019
1 Year+5.5%1.390610 Dec 2018
5 Year+21.4%1.209211 Dec 2014
10 Year+34.1%1.094612 Dec 2009

*For period to 10-Dec 21UTC when USD/AUD was 1.4674

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