10 Centavos

Ecuador's 1928 coinage was produced under contract with the Philadelphia Mint, part of a broader monetary reorganization following the country's adoption of the gold standard framework negotiated with American financial adviser Walter Kemmerer. Kemmerer's missions swept through Latin America during the 1920s, and Ecuador was among several nations that restructured their currency systems — and their minting arrangements — on his recommendations.

The shift to nickel for minor denominations replaced earlier copper-nickel alloy pieces and aligned Ecuador with cost-saving trends across the region's smaller fractional coinage.