Unidad de Valor Constante

The Unidad de Valor Constante (UVC) was a currency created by the "Ley de Valores" of Ecuador in 1993, and abolished with dollarization in the presidency of Jamil Mahuad on January 9, 2000.

It was meant to help deal with the high levels of inflation experienced under the sucre.

Its value was adjusted daily by the "Instituto Nacional de Estadísticas y Censos" (INEC) in line with the rate of inflation.

This article about a unit of currency is a stub.

You can help Wikipedia by expanding it.This Ecuador-related article is a stub.