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500 Sucres
| Issuer | Banco Central del Ecuador |
|---|---|
| Year | 1984 |
| Type | Log in to see details |
| Value | 500 Sucres |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | At left, an intaglio portrait of Dr. Eugenio de Santa Cruz y Espejo is set against an ornate guilloche underprint, with a caption identifying the subject below the vignette. The centre and right fields carry the large denomination numeral '500' within elaborate scrollwork, beneath which the issue date 'Septiembre 5 de 1984' and city of issue 'Quito' are printed. Two serial numbers with the series designation 'GS' appear in the upper field, and facsimile signatures of the Gerente General and Superintendente de Bancos are placed along the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DEL ECUADOR 500 QUINIENTOS SUCRES |
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| Comments |
Ecuador's 500 Sucre denomination had a rough run through the 1980s — the country was deep in an inflation spiral worsened by the 1982–83 debt crisis that swept Latin America, and higher-denomination notes like this one were being absorbed into everyday transactions faster than the central bank could plan for. By the end of the decade, 500 Sucres had effectively lost its status as a large note entirely.
Thomas De La Rue's involvement placed this squarely in a long tradition of Ecuadorian notes printed in London, a relationship dating back decades. The security thread in this series is an early embedded type, predating the more sophisticated windowed threads De La Rue would introduce in the 1990s.