Unidad_de_Valor_Constante

Unidad de Valor Constante
Unidad de Valor Constante (Spanish) UVC
ISO 4217
Code	ECV
Demographics
Date of introduction	May 28, 1993
User(s)	Ecuador
Valuation
Value	1 ECV = 10 000 ECS
	This infobox shows the latest status before this currency was rendered obsolete.

Unidad de Valor Constante

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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 ...

It had the ISO 4217 currency code ECV.

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