who is the new elected president of ecuador
Ecuadorian general election, 2017 General elections were held in Ecuador on 19 February 2017 alongside a referendum on tax havens.[1] Voters elected a new President and National Assembly. Incumbent President Rafael Correa of the PAIS Alliance was not eligible for re-election, having served two terms. In the first round of the presidential elections, PAIS Alliance candidate Lenín Moreno received 39% of the vote. Although he was more than 10% ahead of his nearest rival, Guillermo Lasso of the Creating Opportunities party, Moreno was just short of the 40% threshold required to avoid a run-off. As a result a second round was held on 2 April.[2] In the second round Moreno was elected President with 51.16% of the vote.[3][4]
Currency of Ecuador The US dollar became legal tender in Ecuador March 13, 2000, and sucre notes ceased being legal tender on September 11.[citation needed] Sucre notes remained exchangeable at Banco Central until March 30, 2001, at 25,000 sucres per dollar.[citation needed] Ecuador now only issues its own centavo coins.[citation needed]