Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
US dollar to Salvadoran colon exchange rate
Find the best USD/SVC exchange rate for 21 Apr 2021.
Refreshing in: 60s | Wed, Apr 21, 10:49AM GMT
- Cheap transfers
- Bank-beating exchange rates
- Safe and reliable
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.
Send money to El Salvador with WorldRemit
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
- No minimum transfers.
- Wide range of destinations.
- Competitive exchange rate.
|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.
Send money from USD to El Salvador
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
More guides on Finder
Best places to exchange currency in Sydney
Your guide to currency exchange services in Sydney, including where to find the best exchange rates and lowest fees.
Best places to exchange currency in Edmonton
Looking for the best deal on foreign currency exchange in Edmonton? Compare popular services and get tips to make the most out of your next transaction.
Unimoni offers fast transfers at competitive rates, but it isn’t available to US senders. Learn how it works and what alternatives are available to you.
WorldRemit vs. PayPal
We compare the exchange rates, fees and transfer times of WorldRemit and PayPal to see which service offers the best value on your next money transfer.
WorldRemit vs. Ria
We compare the exchange rates, transaction fees and transfer times of WorldRemit and Ria to find out which one offers better value for money.
WorldRemit vs. Xoom
An in-depth comparison of WorldRemit and Xoom’s exchange rates, fees and transaction times for international money transfers.
Review: Abra cryptocurrency exchange and wallet
Abra is an all-in-one cryptocurrency wallet, exchange and money transfer app. Learn how it works.
New US dollar-pegged stablecoin launches, IBM begins exploring use cases
The new coin, designed for business use, may become available to retail customers in the coming months.
Find the best USD to ETH exchange rate for Apr 21, 2021
Learn more about Ethereum’s history and technology and its potential for growth.
Find the best USD to NXT exchange rates
Learn more about Nxt and how to exchange the cryptocurrency with US dollars.
Ask an Expert