Conduct online research and write a paragraph in spanish about the history of ecuador’s currency. include details about the transition from the local currency (the sucre) to the u. s dollar.

Quito was part of Gran Colombia until 1830 as Departamento del Sur. Gran Colombia's monetary regulations retained the old Spanish colonial system, with both milled and hammered coin circulating. Gold and silver were minted at Popayán and Bogotá, copper at Caracas. On July 28, 1823, Bolívar authorized a mint at Quito, but almost a decade would pass before one opened there. Cobs (macuquina) were ordered withdrawn in 1826, but because of the lack of other coin, they continued to circulate. All kinds of foreign coin circulated on the coast as a result of foreign trade, but in the interior provinces only old Spanish colonial coin and macuquina circulated, mostly Peruvian.