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5000 Sucres

Issuer Banco Central del Ecuador
Year 1987
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Composition Cotton paper
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Obverse lettering BANCO CENTRAL DEL ECUADOR CINCO MIL SUCRES JUAN MONTALVO SERIE AF GERENTE GENERAL SUPERINTENDENTE DE BANCOS VOCAL
(Translation: Central Bank of Ecuador Five Thousand Sucres Juan Montalvo Series AF General Manager Superintendent of Banks Member)
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Comments

Ecuador's 5000 Sucres denomination arrived as the country's inflation was accelerating sharply through the late 1980s — a note worth meaningful purchasing power when first issued, but increasingly inadequate within a few years of circulation. The Sucre's long decline would eventually end in dollarization in 2000, by which point denominations in the millions had been printed.

ABNC held the Ecuador printing contract across much of the twentieth century, and this series reflects that continuity. A print run of just over twelve million is modest for a high-denomination note under inflationary pressure, suggesting earlier printings of the same type carried more of the actual circulation burden.