US Dollar to Salvadoran Colon Exchange Rate
How can I get the best exchange rate between the US dollar and the Salvadoran colón?
Since the Salvadoran colón was replaced by the US dollar as the official currency in El Salvador in 2001, there’s no need to convert the US dollars to any Salvadoran colónes. However, for online money transfers to EI Salvador, there are still some things to keep in mind to keep costs low.
Though you don’t need to worry about getting the best exchange rate between the US dollar and the Salvadoran colón like you would for other currencies, international money transfers usually come with a service fee, which can vary between different banks and other service providers — compare rates and fee in order to get the best deal.
For anyone traveling to El Salvador, it’s recommended to get cash before you head there. Many travelers said that credit and debit cards are only accepted at larger hotels, restaurants and shops, and for anything else you’ll likely need cash. Some travelers also said it could be hard to come by an ATM machine in smaller cities — so make sure you have enough cash in advance.
|Sub unit symbol:||c|
|Bank notes:||$1, $5, $10, $20, $50, $100|
|Coins:||1c, 5c, 10c, 25c, 50c|
|Sub unit symbol:||c|
|Bank notes:||₡1, ₡2, ₡5, ₡10, ₡25, ₡50, ₡100, ₡200|
|Coins:||1c, 2c, 3c, 5c, 10c, 25c, 50c, ₡1, ₡5|
What affects exchange rates between the US dollar and the Salvadoran colón?
Even though the US dollar was adopted by El Salvador on January 1, 2001 and the circulation of the Salvadoran colón has stopped, the colón is technically still a legal tender in the country. When the Salvadoran government allowed the free circulation of US dollars in El Salvador, it set a fixed exchange rate of 8.75 colónes per dollar.
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How does the Salvadoran colón trade against the US dollar historically?
The Salvadoran colón has been pegged to the US dollar at a fixed rate of 8.75 colónes per dollar since 2001.
Exchange rates from USD to other currencies
- Bahamian Dollar (BSD)
- Bahraini Dinar (BHD)
- Bangladeshi Taka (BDT)
- Barbadian Dollar (BBD)
- Belarusian Ruble (BYN)
- Belize Dollar (BZD)
- Bermudian Dollar (BMD)
- Bhutanese Ngultrum (BTN)
- Bitcoin (BTC)
- Bolivian Boliviano (BOB)
- Botswana Pula (BWP)
- Brazilian Real (BRL)
- Brunei Dollar (BND)
- Bulgarian Lev (BGN)
- Burundian Franc (BIF)
- Salvadoran Colon (SVC)
- Samoan Tala (WST)
- São Tomé and Príncipe Dobra (STD)
- Saudi Riyal (SAR)
- Serbian Dinar (RSD)
- Sierra Leonean Leone (SLL)
- Singapore Dollar (SGD)
- Solomon Islands Dollar (SBD)
- Somali Shilling (SOS)
- South African Rand (ZAR)
- Sri Lankan Rupee (LKR)
- Surinamese Dollar (SRD)
- Swazi Lilangeni (SZL)
- Swedish Krona (SEK)
- Swiss Franc (CHF)
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