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20 000 Sucres

Issuer Banco Central del Ecuador
Year 1995-1999
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Value 20 000 Sucres (20 000 ECS)
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Reverse description The Ecuadorian national arms form the central vignette, set within elaborate guilloche scrollwork and decorative cornucopia motifs rendered in brown, blue and multicolour. A large guilloche panel at left carries the denomination numeral 20000, while the bank title runs along the upper border and the value in words appears along the lower border.
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Protection description Watermark portrait of Dr. Gabriel García Moreno
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Comments

Ecuador's sucre spent most of the 1990s under siege from chronic inflation, and the 20,000-sucre denomination reflects just how far things had deteriorated — the note required issuing at a face value that would have been unthinkable a decade earlier. The Central Bank printed just over twelve million pieces across the four-year run, a relatively constrained quantity that suggests the denomination was superseded by even higher-value notes rather than retired through normal attrition.

The sucre itself was abolished in January 2000 when Ecuador dollarized, making this one of the last high-denomination notes in the currency's history before the entire series became obsolete overnight.