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10 Sucres
| Issuer | Banco Central del Ecuador |
|---|---|
| Year | 1939-1949 |
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| Printer | American Bank Note Company, New York, United States |
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|---|---|
| Obverse lettering | EL BANCO CENTRAL DEL ECUADOR SOCIEDAD ANÓNIMA CAPITAL AUTORIZADO 20.000.000 SUCRES Quito, Abril 20 de 1943 PAGARÁ AL PORTADOR A LA VISTA DIEZ SUCRES (Translation: The Central Bank of Ecuador. Anonymous Society. Authorized capital 20,000,000 Sucres. Quito, April 20, 1943. Will pay to the bearer at sight Ten Sucres.) |
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| Variants | P#92a - 17.10.1939 - 06.06.1944 signature title overprint at left: "Presidente" P#92b - 06.02.1942, 10.11.1942*, 04.06.1943, 30.06.1947, 21.06.1949 & 30.06.1949 signature titles in plate * not listed in catalog P#92c - 05.10.1944. 19.12.1944 & 23.01.1945 signature title overprint at right: "Gerente General" P#92d - 22.08.1945, 08.02.1946, 25.07.1946, 22.11.1948 & 21.06.1949 signature title overprint at right: "Tesorero de Reserva" |
| Comments |
The Banco Central del Ecuador began issuing its own notes only in 1927, after the bank's creation as part of the Kemmerer Mission reforms — a US-led monetary stabilization program that swept through several South American countries in the 1920s. Before that, private commercial banks had issued Ecuador's circulating paper. The ABNC relationship that produced this series was a direct consequence of that American-led restructuring.
The sucre held reasonable stability through most of this note's issue window, though wartime import restrictions and postwar inflation steadily eroded purchasing power by the late 1940s. Notes from this series often show heavy circulation wear, consistent with a denomination that saw genuine everyday use.