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5000 Sucres Horse rider
| Issuer | Banco Central del Ecuador |
|---|---|
| Year | 1999 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Edge | Reeded |
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| Additional information |
Ecuador struck this issue in 1999, the same year the country's economy collapsed entirely. Dollarization — the abandonment of the sucre in favor of the U.S. dollar — was announced in January 2000 after the sucre lost roughly 75% of its value in a single year. A commemorative silver coin denominated in sucres, minted at that precise moment, was obsolete almost before it left the dies.