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50 Sucres

Issuer Banco Central del Ecuador
Year 1957-1982
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Reference(s) P#116
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Reverse description The central design is dominated by the Ecuadorian national coat of arms in fine intaglio engraving, framed by elaborate scrollwork and flanked by large guilloche rosette medallions bearing the numeral 50 at left and right. A condor with spread wings surmounts the shield, which carries a river scene with a steamer and a snow-capped volcano beneath a radiant sun. The bank title BANCO CENTRAL DEL ECUADOR is inscribed at the top, and the denomination legend CINCUENTA SUCRES appears within an ornate cartouche at the base of the note.
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Variants P#116a - 02.04.1957, 07.07.1959, 07.04.1960* & 29.08.1961* * not listed in catalog
P#116b - 07.11.1962, 29.10.1963, 27.06.1964, 23.07.1964*, 29.01.1965 & 06.08.1965 * not listed in catalog
P#116c - 01.01.1966, 27.04.1966 & 17.11.1966
P#116d - 04.10.1967, 30.05.1969 & 17.07.1974
Comments

This note ran through an unusually long print lifespan — over two decades with Thomas De La Rue — during a period when Ecuador's sucre was under persistent inflationary pressure following the collapse of the cacao boom and the country's chronic balance-of-payments struggles. The Banco Central kept the denomination in circulation far longer than economic conditions would have recommended, a fiscal decision that eroded the note's real-world purchasing power to near irrelevance by the early 1980s.

De La Rue produced multiple date variants across the series run, making precise attribution dependent on signature combinations rather than visual differences.

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