Question

What is the official currency of the country Ecuador?

Answer 1

The official currency of Ecuador is the US dollar, adopted in 2000 to replace the former currency, the sucre. The use of the US dollar as Ecuador's official currency has helped stabilize the economy and reduce inflation.

Answer 2

The official currency of Ecuador is the United States dollar (USD). Ecuador adopted the US dollar as its official currency in the year 2000, replacing its former currency, the sucre, due to high inflation and economic instability. The use of the US dollar has helped to stabilize the Ecuadorian economy and has made international trade and travel easier for Ecuadorians.

Answer 3

The official currency of Ecuador is the United States dollar (USD). Since the year 2000, Ecuador has adopted the US dollar as its official currency, replacing the former Ecuadorian sucre.