The Central Bank of Ecuador has presented new fractional coins that allude to the historical figures of the country and from this Monday, December 18, 2023, they enter circulation in the financial system and automatic windows and dispensers of the Central Bank.
There are two new faceted 50 cent coins Matilde Hidalgo from Procel and Tránsito Amaguaña. These women stood up for the fight for the rights of women and indigenous peoples and are now added to the faces on the coins. Currently, the 50 centavos features the image of the former president and leader of the Liberal Revolution, Eloy Alfaro.
A British company will mint 287 million new fractional coins that will circulate in Ecuador
The 25-cent coins that feature the likeness of José Joaquín de Olmedo will be joined by new ones featuring the full-size likeness of the soccer player Albert Spencer, the face of the painter Oswaldo Guayasamín and Jorge Icaza, the Ecuadorian novelist.
Images of former presidents Galo Plaza Lasso and Jaime Roldós Aguilera appear on the 10-cent coin. Currently, these coins feature the image of journalist and doctor Eugenio Espejo.
The five-cent one, which features Ambateño writer Juan Montalvo, now also features the image of former president Isidro Ayora.
A total of 287 million coins will enter circulation. Their production cost 10.5 million dollars.
Source: Eluniverso
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