Ecuador Travel Guide - Money

Quito, Ecuador © www.123rf.com / Jose Tejo
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Currency

US Dollar (USD; symbol US$) = 100 cents. Notes are in denominations of US$100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of US$1 and 50, 25, 10, 5 and 1 cents.

Currency Exchange

Foreign currencies can be exchanged at banks and at casas de cambio (exchange houses), the latter being generally the best option. It may be difficult to exchange money in the Oriente. The rate of commission varies between 1 to 4%, so it is worth shopping around.

Credit/Debit Cards and ATMs

Major credit/debit cards are accepted in most businesses. ATMs are available at most banks in urban areas. On the Galápagos Islands, currently only Mastercard is accepted.

Traveller's Cheques

Traveller's cheques are generally accepted in the larger cities and can be exchanged into currency at most banks and casas de cambio.

Banking Hours

Generally Mon-Fri 0830-1600/1700; Sat mornings.

Exchange Rate Indicators

DateJul 08
£1.00=US$1.99
€1.00=US$1.58




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