Unidad de Valor Constante
From Wikipedia, the free encyclopedia
The Unidad de Valor Constante (UVC) was a currency created by the "Ley de Valores" of Ecuador in 1993, and abolished with dollarization in the presidency of Jamil Mahuad on January 9, 2000. It was meant to help deal with the high levels of inflation experienced under the sucre. The 1 UVC was specified at its introduction (May 28, 1993) to equal 10,000 sucres. Its value was adjusted daily by the "Instituto Nacional de Estadísticas y Censos" (INEC) in line with the rate of inflation.
Quick Facts (Spanish) UVC, ISO 4217 ...
Unidad de Valor Constante (Spanish) UVC | |
---|---|
ISO 4217 | |
Code | ECV |
Demographics | |
Date of introduction | May 28, 1993 |
User(s) | ![]() |
Valuation | |
Value | 1 ECV = 10 000 ECS |
This infobox shows the latest status before this currency was rendered obsolete. |
Close
It had the ISO 4217 currency code ECV.
![]() | This article about a unit of currency is a stub. You can help Wikipedia by expanding it. |