Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Other countries that use U.S. currency
>
Reply to Thread
Message:
<p>[QUOTE="chrisild, post: 1902770, member: 39"]Don't think that the JFK half dollars are used much in Ecuador. The country has its own coins for denominations up to 50 cents - same sizes and other specifications as the corresponding US coins. But just like the US half, the 50 centavo coin is not exactly "handy", and so neither the Ecuadorian nor the US version is used much.</p><p><br /></p><p>For anything above 50 centavos, they use US coins and bills. And that includes the $1 coins. As for how the cash gets there (apart from individuals bringing them in), I suppose that the Central Bank of Ecuador imports them.</p><p><br /></p><p>Moderate inflation is, by itself, nothing to be worried about. If other economic factors are primarily positive, it may even be helpful. But if the inflation rate is just one part of a worsening economic situation, you get into trouble. Besides, imagine ordering a cup of coffee at 5,000 CU (currency units), then ordering a second one, and at the end getting a 14,000 CU bill. Feeling cheated? Nah, hyperinflation.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1902770, member: 39"]Don't think that the JFK half dollars are used much in Ecuador. The country has its own coins for denominations up to 50 cents - same sizes and other specifications as the corresponding US coins. But just like the US half, the 50 centavo coin is not exactly "handy", and so neither the Ecuadorian nor the US version is used much. For anything above 50 centavos, they use US coins and bills. And that includes the $1 coins. As for how the cash gets there (apart from individuals bringing them in), I suppose that the Central Bank of Ecuador imports them. Moderate inflation is, by itself, nothing to be worried about. If other economic factors are primarily positive, it may even be helpful. But if the inflation rate is just one part of a worsening economic situation, you get into trouble. Besides, imagine ordering a cup of coffee at 5,000 CU (currency units), then ordering a second one, and at the end getting a 14,000 CU bill. Feeling cheated? Nah, hyperinflation. Christian[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Other countries that use U.S. currency
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...