Economic aid - recipient: $695.7 million (1995)
Currency: US dollar (USD)
Currency code: USD
Exchange rates: sucres per US dollar - 25,000 (January 2001), 24,988.4 (2000), 11,786.8 (1999), 5,446.6 (1998), 3,988.3 (1997), 3,189.5 (1996)
note: on 7 January 2000, the government passed a decree "dollarizing" the economy; on 13 March 2000, the National Congress approved a new exchange system whereby the US dollar is adopted as the main legal tender in Ecuador for all purposes; on 20 March 2000, the Central Bank of Ecuador started to exchange sucres for US dollars at a fixed rate of 25,000 sucres per US dollar; since 30 April 2000, all transactions are denominated in US dollars
Fiscal year: calendar year
Ecuador Communications
Telephones - main lines in use: 899,000 (1997)
Telephones - mobile cellular: 160,061 (1997)
Telephone system: general assessment: NA