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10 Centavos Galo Plaza

Issuer Banco Central del Ecuador
Year 2023
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Weight 2.3 g
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Obverse lettering REPÚBLICA DEL ECUADOR ★★ GALO PLAZA ★★
(Translation: Republic of Ecuador)
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Reverse lettering BANCO CENTRAL DEL ECUADOR
AÑO 2023
DIEZ CENTAVOS
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Additional information

Ecuador has used the US dollar as its official currency since 2000, following a catastrophic sucre collapse driven by banking sector fraud, El Niño-related agricultural failures, and a drop in oil revenues that together wiped out much of the country's savings. These small-denomination stainless steel pieces are not legal tender in the conventional sense — they circulate as fractional convenience tokens, filling the gap that US coinage rarely fills in everyday Ecuadorian commerce. Galo Plaza Lasso, president from 1948 to 1952, oversaw the country's last sustained period of democratic stability before decades of instability followed.

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