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The El Salvador Colon is the currency in El Salvador (SV, SLV). El Salvador Currency Converter What is the unit of money in El Salvador? Stabilizing El Salvador's currency and keeping inflation down are key components in the government's plan to attract foreign investment. Telephone companies (market share): Tigo (45%), Claro (25%), Movistar (24%), Digicel (5.5%), Red (0.5%). This same change occurred in the fifty-cent coin. United States dollar, USD is the national currency in El Salvador. The official currency of El Salvador is the US Dollar. One unit of Costa Rican currency is called the colón (colónes plural). Dollars and in Salvadoran colón, but the colón is out of circulation. Going to El Salvador and needs to know the name of the Salvadorean money unit or just need to know what is the exchange rate for $50 American dollars in Salvadorean currency? One unit of El Salvadoran currency used to be called the colón, divided into 100 centavos. 1 USD = 0.77 GBP Rate was last updated: 8 minutes ago. However, in 2001, El Salvador adopted the US dollar as its official unit of currency. Exchange Rate San Salvador. Strong reserves allowed the Central Bank to maintain the fixed exchange rate. The colón was the currency of El Salvador between 1892 and 2001. Salvadorean Currency . The currency code for Colones is SVC, and the currency … 07 of 07. GMT Currency Converter. Currency. Our currency rankings show that the most popular El Salvador Colon exchange rate is the USD to SVC rate. Use the links on this page to learn more about the local currency in El Salvador, currency … United States Dollars. This page displays a chart with historical values for the US Dollar Index. Financial information can be expressed in U.S. The colón replaced the peso at par in 1919. The colón, the currency of El Salvador since 1892, was replaced by the United States dollar in 2001. By the time that the El Salvadoran colón was replaced by the US dollar, it had an exchange rate of 8.75 to one. Costa Rica Money . San Salvador is the capital of El Salvador. toll. Use the currency converter below to calculate the current exchange rate for the city of San Salvador. The currency used in San Salvador is the El Salvador Colon. El Salvador ranks 14th among Latin American countries in terms of the Human Development Index and third in Central America (behind Panama and Costa Rica) [circular reference] partly because of … The United States dollar is the currency in use. Coins of El Salvador once again changed its designs and content from 1915, in that year the coins were made of nickel in denominations of one, three and five cents, with the bust of General Francisco Morazán. In 1994, the colon was fixed at ¢8.755 = US$1. 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