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1 Sucre

Issuer Banco Central del Ecuador
Year 1985-1986
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Technique Milled
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Obverse script Latin
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Reverse description The reverse presents a left-facing bare-headed portrait bust of Antonio José de Sucre, Venezuelan-born independence hero and namesake of the currency, rendered in detailed relief with finely engraved hair. The bust is set within an open wreath of laurel or olive branches that frames the field on either side. The denomination UN SUCRE is inscribed in bold letters along the lower portion of the field beneath the portrait. A beaded border runs along the outer rim.
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Additional information

The sucre had been Ecuador's monetary unit since 1884, named for Antonio José de Sucre, the Venezuelan-born general who secured Ecuadorian independence at the Battle of Pichincha in 1822. By the mid-1980s, chronic inflation and a collapse in oil revenues — Ecuador's primary export earner — were eroding the currency's purchasing power steadily. The shift to nickel-clad steel for this denomination reflects the period's fiscal pressures; intrinsic metal costs had made earlier compositions increasingly impractical.

The sucre was ultimately abolished in 2000 when Ecuador dollarized its economy following a catastrophic banking crisis.