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20 Sucres

Issuer Banco Central del Ecuador
Year 1961-1983
Type Standard circulation banknote
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Obverse lettering Banco Central Del Ecuador
Sociedad Anonima
Compañia de Jesus - Quito
Veinte Sucres
Quito
(Translation: Central Bank of Ecuador - Anonymous Society - Company of Jesus - Quito - Twenty Sucres)
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Protection type Watermark
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Comments

The P#115 series ran for over two decades under the Banco Central del Ecuador, a span that covered multiple governments, the 1970s oil boom, and the inflationary pressures that followed. Ecuador's sucre held reasonably well through the early 1970s when petroleum revenues were strong, but by the late issues within this series the currency was already beginning the long slide that would accelerate sharply in the 1980s.

Thomas De La Rue held the Ecuadorian printing contract continuously across this period, which accounts for the design's unusual longevity — changing printers mid-series was costly, and the central bank saw little commercial reason to commission new artwork while the plate remained serviceable.

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