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Foreign Exchange Guide to El Salvador

Read this currency guide to El Salvador with money transfer and travel tips.   [USD/EUR=0.8858]

El Salvador
Country Code:
SV
Domestic Currency:
United States Dollar
Symbol - Code:
$ USD
Telephone Prefix:
+503

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

In this El Salvador 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 El Salvador - currency & money saving tips
  4. Buying United States Dollar cash online - travel money for El Salvador
  5. Sending money to El Salvador - save on United States Dollar bank transfers to El Salvador
  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 $.


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

2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of November 2018, the dollar stood nearly 5 percent higher than its level on January 1st. The dollar benefitted in the month leading up to this report from Brexit uncertainty in Europe and from a collapse in the oil market, which saw its value rise against petro-currencies.

Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, the dollar has averaged trade-weighted gains of 1.8 percent in November and 0.2 percent in December.

In September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term. It predicted EUR/USD climbing as high as $1.30, from levels in the high $1.13s at the time of writing.

Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump clearly would like a far weaker currency.

J.P. Morgan said in November that the dollar would be worth slightly more in the first half of 2019, before weakening slightly in the second half of the year.

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.


USD-EUR 3 Month chart
USD-EUR 3 Month chart
USDEUR currency converter

Travel, Currency and Money saving tips for El Salvador

 

Travel money for El Salvador

 

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.

   

El Salvador Trip Checklist    

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

Sending money to El Salvador

When searching around for information on how to get a good exchange rate when sending money to El Salvador 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 El Salvador

When sending money to El Salvador 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 El Salvador.

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 El Salvador

Compare Transfer Rates

 

Popular USD cross rates


USD/EUR - United States Dollar to Euro - 10 Year History

DateExchange RatePeriodChange
13 Dec 20180.8809Latest
06 Dec 20180.87901 Week+0.22%
13 Nov 20180.88401 Month-0.35%
16 Jun 20180.86066 Months+2.36%
13 Dec 20170.84481 Year+4.27%
13 Dec 20160.94092 Years-6.38%
14 Dec 20130.72775 Years+21.05%
15 Dec 20080.733210 Years+20.14%

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

DateExchange RatePeriodChange
13 Dec 20180.7921Latest
06 Dec 20180.78251 Week+1.23%
13 Nov 20180.76831 Month+3.1%
16 Jun 20180.75286 Months+5.22%
13 Dec 20170.74581 Year+6.21%
13 Dec 20160.78992 Years+0.28%
14 Dec 20130.61365 Years+29.09%
15 Dec 20080.659110 Years+20.18%

USD/JPY - United States Dollar to Japanese Yen - 10 Year History

DateExchange RatePeriodChange
13 Dec 2018113.6462Latest
06 Dec 2018112.71781 Week+0.82%
13 Nov 2018113.79651 Month-0.13%
16 Jun 2018110.67506 Months+2.68%
13 Dec 2017112.76251 Year+0.78%
13 Dec 2016115.24452 Years-1.39%
14 Dec 2013103.26475 Years+10.05%
15 Dec 200890.609910 Years+25.42%

USD/AUD - United States Dollar to Australian Dollar - 10 Year History

DateExchange RatePeriodChange
13 Dec 20181.3840Latest
06 Dec 20181.38251 Week+0.11%
13 Nov 20181.38321 Month+0.06%
16 Jun 20181.34306 Months+3.05%
13 Dec 20171.31071 Year+5.59%
13 Dec 20161.33432 Years+3.72%
14 Dec 20131.11595 Years+24.03%
15 Dec 20081.497310 Years-7.57%

USD/CAD - United States Dollar to Canadian Dollar - 10 Year History

DateExchange RatePeriodChange
13 Dec 20181.3361Latest
06 Dec 20181.33931 Week-0.24%
13 Nov 20181.32251 Month+1.03%
16 Jun 20181.32066 Months+1.17%
13 Dec 20171.28191 Year+4.23%
13 Dec 20161.31352 Years+1.72%
14 Dec 20131.05955 Years+26.11%
15 Dec 20081.232910 Years+8.37%

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