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10 Centavos
| Issuer | Banco Central del Ecuador |
|---|---|
| Year | 2000 |
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| Composition | Stainless steel |
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| Obverse description | Bust of Eugenio Espejo facing left, depicted in period dress with a ruffled cravat, occupying the central field. To the right of the portrait, a small rendition of the Ecuadorian coat of arms is present. The curved legend REPUBLICA DEL ECUADOR arcs along the upper periphery in Latin characters. The name EUGENIO ESPEJO appears along the lower rim, flanked on each side by a pair of five-pointed stars. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Ecuador's 2000 coinage marks the final year the country issued sucre-denominated pieces before formally dollarizing in September of that year — a decision driven by a catastrophic banking crisis that had wiped out roughly half the financial sector and sent inflation past 90%. These coins entered circulation knowing they would soon be obsolete, replaced by U.S. coinage at a fixed rate of 25,000 sucres to the dollar.
Production continued briefly into dollarization purely for fractional convenience, as dollar coins were slow to arrive in sufficient quantity.