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Map of Ecuador
Flag of Ecuador (The of significance colors & emblem)



      The Red, green and blue are the colors of Francisco
     Miranda, the South American revolutionist and adventurer.
      The yellow is the color of the federation, red is said to
     indicate courage.
      Blue symbolizes independence from Spain.
      The center of arms is topped with a condor.




National Symbols
National Red Rose          National Tree (Cinchora)
  (Lycast Skinneri)                ( Quina)




National Animal-Quina        National Mountain-Andian
                                                Condor




National River- Chimborazo   National Instrument-
                                             Rondador




Ecuador Government System
Ecuador had four successive democratic elections from 1948 to 1960,
but the country did not experience relative political stability under
democratic rule again until the 1980s. Seven years of military
dictatorship ended with the presidential inauguration of Jaime Roldós
Aguilera on August 10, 1979. After Roldós died in an airplane crash
on May 24, 1981, Vice President Osvaldo Hurtado Larrea assumed
the presidency. The completion of the Hurtado/Roldós administration
and the constitutional and orderly transfer of power--the first such
transfer in twenty-four years--to conservative León Febres Cordero
Ribadeneyra (1984-88) in August 1984 seemed to affirm the
restoration of democracy in Ecuador. Nevertheless, as Roldós himself
had cautioned shortly before taking office, the nation had only a
formalistic and ritualistic democratic tradition.



                         Ecuadorian Culture




    This page is mainly about the Ecuadorian culture. Culture is an
 important thing to the country of Ecuador. The culture of Ecuador is
    also connected to religion. In this page you will learn about the
  clothing Ecuadorians wear, food, music, dances, festivals and other
                    more interesting cultural facts.




Traditions
In Ecuador people can greet you with their smile or just by
        saying "hi" in spanish. Some ecuadorian can greet you by
        saying hi but not in spanish but in Quechua, their native
        language. Some Andean people who live in the mountain
        regions still speak the Quechua language.
        Through out history, women were the ones who had to stay at
        home while their husbands went to work. Women had to stay
        at home to do the chores and take care of the children and
        serve their husbands. Today, that has changed in Ecuador. In
        Ecuador it is reversed. The woman now go to work and most
        men stay at home to take care of their children.
        Ecuadorians know were the people come from because of the
        way they are dressed. Many ecuadorians dress differently
        according to the place or region they live.
        Some festivals or holidays are celebrated differently in
        Ecuador. During the Christmas time in Ecuador the Novenas
        or house tours begin the holiday season and it starts nine days
        before Christmas. Ecuadorians visit different homes looking
        at the nativity scenes and decorations. Children at this time
        place their list of presents into an old shoe waiting for Papa
        Noel (Santa Claus) to come and visit. Everyone get together
        with their family to celebrate Christmas. A special cookie is
        made and is eaten as a specil treat.
            New Year's is also celebrated in Ecuador but in a different
            way than in other countries. The ecuadorian tradition is
            that in the New Year, they make dummy that is stuffed
            with old clothing and then is burned to celebrate the
            ending of the old year and the coming of the New Year.
            Ecuadorians also dress themselves as clowns to recieve the
            coming of the New Year in a happy and enjoyable way.

Customs

Most Ecuadorans place great emphasis on the family, including
fictive kinship, which is established by the choice of godparents at
baptism. Apart from baptism, important occasions in the life cycle
include the quinceañera (the 15th birthday of girls), marriage, and
funerals. Many Ecuadorans make pilgrimages or dedicate themselves
to the service of a particular saint. During the year, numerous
religious and secular festivals provide opportunities for parades,
special food, and music and dance.


Food

           Ecuador Food mainly includes a great variety of fruits
           and vegetables, as there are plenty of them. Ecuador is
           greatly recognized for its exotic fruits, high quality fish
           and Seafood and the innumerable varieties of Andean
           potatoes.
            All over the country, you will find a wide frequency of
           national and regional dishes, which include lemon
           marinated shrimp, toasted corn and patties stuffed with
           minced spicy meat.


           Ecuadorian Food is for all, be with a low or a high
           budget. Those with a low budget can opt for the combo
           meals or set meals and can still enjoy the wide variety of
           taste. Normally lunch and dinner with soup, meat in main
           course and dessert come up to 1 $. There are choices for
           vegetarians as well. There is a wide range of breads,
           pastries, savory snacks and cheese or meat filled patties.
           Potato and cheese pancakes known as llapingachos are
           delicacies.


           The regular diet includes rice, potato, meat as in beef and
           chicken, and pork in Sierra. One of the most important
           sauce in Ecuadorian Cuisine is aji which is a hot sauce.
           Most homes and restaurants in Ecuador have their own
           versions of this sauce. Soups are again a specialty
           of Ecuadorian Food. Locro Soup though sounds a little
           weird with the ingredients like cheese, avocado and potato
is actually quite delicious.

           Food of Ecuador on a daily basis includes seco de pollo,
           which is stewed chicken with rice and avocado slices. The
           spices of Ecuador are extraordinary which make
           the Ecuador Food mouth watering.


           Educational System

Primary Education
The constitution stipulates that all children attend school for 9 years
and that this be free. Although the primary school enrolment rate
exceeds 95%, 25% of children will have dropped out by the end of the
5th grade. Information is scanty, however there are believed to be
approximately 1,088 primary schools where an average of 1.5
teachers per school educate an average of 63 pupils through 6 grades.
Secondary Education
There are 35 secondary schools in Ecuador. Grades 7 – 9 are free.
Thereafter parents must pay school fees if they would like their
children to study further. When this happens students have a choice of
attending classes in for example computer skills, maths, science or
social studies.
Vocational Education
Information on vocational training is scant too, and in many cases on-
job training is little more than sitting next to nellie. A number of
international aid programs are in place the help the government
improve the situation. Inevitably it is the rural poor that are the most
disadvantaged.
Tertiary Education

The primary university is Universidad San Francisco de Quito in the
city of that name. While highly regarded locally it scores poorly in
international rankings. It was founded in 1988 as a non-profit
organization to plug a gap in the country’s education system.
There were originally just 3 colleges (business, applied sciences,
communications and culture). Over the years a fuller spread has been
added.




October 12
Columbus Day*
Also known as "Día de la Raza" (Day of the Race), Columbus Day
celebrates the day in 1492 on which Christopher Columbus (Cristobal
Colón) first set foot on American soil in what is now known as the
Dominican Republic.



November 2
All Soul's Day (a.k.a. "Day of the Dead")*
On All Soul's Day, families visit cemeteries to dance, drink, eat, and
leave flowers and other offerings for deceased friends and relatives in
a convivial ceremony designed to celebrate the lives of those who
have passed on.

December 6
Founder's Day, Quito - Fiestas de Quito
The air in Quito takes on a more festive spirit throughout the first
week of December as Quiteños take in bullfights, parades, and street
dances, and ride around Quito atop Chivas (open-air party buses
complete with live music and drinks). Also known as "Fiestas de
Quito", this week is the opening act to a month-long gala for many

July 25
Founder's Day, Guayaquil
For two days, Guayaquil enjoys its biggest celebration of the year.
The ciity shuts down for two days to celebrate Simón Bolívar's
birthday and the foundation of Ecuador's most populous city.

May 24
Battle of Pichincha*
Military and civilian parades mark the day in 1822 when the
country's most important battle in the war for independence from
Spain was fought.


Imports


Importing goods into Ecuador from the United States or Europe can
be a time-consuming, costly and frustrating process. However, with
the guidance of good lawyers and reputable companies, many—but
certainly not all—of these annoyances can be alleviated. Start the
process way ahead of time and don't count on goods arriving
according to a strict schedule. Many things can go wrong along the
way. Guidelines are constantly changing and a lot depends on which
particular customs officials you are dealing with at any given time.

The first real step entails figuring out what type of visa entitles
importation of goods. This is very important, as getting the wrong
type of visa will cost you extra money, time and overall hassle. Keep
in mind that you cannot import goods into Ecuador with a student
visa. Then there are other visas like the investment visa—which
requires a $25,000 minimum in the bank to keep it valid—that do
allow importation, but are not recommended for doing so.

Once you get have secured a visa at your local Ecuador consulate, the
next big—and very important—step is finding a reputable importer.
Take the time to do thorough research and make sure the company is
aware of the specific provisions for importing into Ecuador. Many
claim they know them, yet few have any real experience with Ecuador
importation, and the requirements for Ecuador are very different than
they are for other countries. The extra splurge on a reliable importer
may be worth it because it is bound to save you money and cut down
on inconvenience down the road. The importer will usually handle
export documents, but at an extra cost.

You will also need to set up an agent in advance to supervise customs
at the port in Guayaquil, and to transport your items to Quito. It is
also possible to pick the stuff up yourself in Guayaquil instead. INSA
(URL: www.insa.com.ec) is a reputable company with English-
speaking employees.

One of the most important measures you will need to take is creating
your Menaje de Casa, or an official, extremely detailed list of each
item you are importing. The list must be translated into Spanish, and
you need to include descriptions of, serial and model numbers of, and
values of each thing in your shipping container. After this has been
completed, you will need to get a Certificado de Menaje de Casa de
Extanjeros at your nearest Ecuadorian consulate. You will have to get
the signature on your Menaje de Casa notarized and then will need to
get a letter written at the consulate that says you A than a year, which
will then have to be notarized by someone in the consulate building.
Once notarized, the letter will have to have an apostilleafixed at the
state or provincial capital building and then will need to be taken back
to the consulate another time. Approval of the Menaje de Casa costs
about $100. Make sure to make lots of copies of all these documents
(and that goes for all documents throughout the entire process). Also,
take your passport with you everywhere because you will most likely
be asked for it each step of the way.

Costs are highly dependent on the importer you use, but keep in mind
that you are charged per shipping container, not per pound, so empty
space is wasted space. However, make sure that all items in the
container, which will then be reflected on your Menaje de Casa, total
less than $4,000 or else you will be subject to much higher taxes. On
a value of slightly under $4,000, you can expect to pay about $700 in
taxes, or about a fifth of the total value. Importing one shipping
container from New York City to Guayaquil will cost around $3,000,
and then an additional $1,300 or so for customs clearance and
transport from Guayaquil to Quito.
The entire process from start to finish can take close to a year, or even
longer. Sometimes you will need to wait a few months for a boat to
even come in the direction of Guayaquil before you will be able to
send your belongings. Other times, your shipping container may sit
inexplicably in customs for weeks or months. Therefore, don't plan
for anything to arrive on time. Also, don't be surprised if items are
missing, as there have been many reports of stolen goods. This is
where hiring a reputable agent should payoff, as it should oversee the
wellbeing of your goods and reduce the chances of this happening.
Finally, importing, like many other things in Ecuador is all about who
you know. Therefore, if you can hook up with someone who imports
regularly through business or otherwise, putting your stuff with theirs
is a significantly better and cheaper option.

Exports

Ecuador Exports are an essential component of national
wealth. Ecuador produces many products in addition to oil, bananas
and flowers.

Primary Exports

• Petroleum
• Tourism
• Fishing products (tunas, lobsters, shrimps, etc)
• Milk products (milk, eggs to incubate, powder milk)
• Flowers (roses, natural flowers, others)
• Agricultural, fruits and vegetables
• Onions, cauliflowers, broccoli, cucumbers, asparagus, yucca
• Banana, macho bananas, pineapples, mangos, lemons, melons,
watermelon
• Coffee, black tea, ginger, corn, rice.

Money

Ecuador’s official currency is the US dollar. If you’re not traveling
from the USA, consider bringing a small supply of US dollars with
you on your trip in case you have trouble exchanging currency from
your home country. Western Unions are in most big cities.

Exchange

The value for Official exchange rate (LCU per US$, period average)
in Ecuador was 25,000.00 as of 2006. As the graph below shows, over
the past 46 years this indicator reached a maximum value of
25,000.00 in 2006 and a minimum value of 15.00 in 1960.

Definition: Official exchange rate refers to the exchange rate
determined by national authorities or to the rate determined in the
legally sanctioned exchange market. It is calculated as an annual
average based on monthly averages (local currency units relative to
the U.S. dollar).

Source: International Monetary Fund, International Financial
Statistics.


Ecuador ( i/ˈ kwədɔ r/ E-kwə-dawr), officially the Republic of
                 ɛ
Ecuador (Spanish: República del Ecuador [reˈpuβlika
ðelekwaˈðor] which literally translates as "Republic of the Equator")
               ,
is a representative democratic republic in South America, bordered
by Colombia on the north, Peru on the east and south, and by
the Pacific Ocean to the west. It is one of only two countries in South
America, along with Chile, that do not have a border with Brazil. The
country also includes the Galápagos Islands in the Pacific, about
1,000 kilometres (620 mi) west of the mainland.
The main spoken language in Ecuador is Spanish (94% of the
population). Languages of official use in native communities
include Quichua, Shuar, and 11 other languages. Ecuador has an area
of 275,830 km2 (106,500 sq mi). Its capital city is Quito, which was
declared a World Heritage Site by UNESCO in the 1970s for having
the best preserved and least altered historic center in Latin
America.[8] The country's largest city is Guayaquil. With its
international port and tuna fishing industry, Manta is the third most
important city in the country economically. The historic
centerofCuenca, the third largest city in the country, was also declared
a World Heritage Site in 1999, for being an outstanding example of a
planned inland Spanish style colonial city in the Americas.[9] Ecuador
is also home to a great variety of species, many of them endemic, like
those of theGalápagosislands. This species diversity makes Ecuador
one of the 17 megadiverse countries in the world.[10] The new
constitution of 2008 is the first in the world to recognize legally
enforceable Rights of Nature, or ecosystem rights.[11]
Ecuador is a presidential republic and became independent in 1830,
after having been part of the Spanish colonial empire, and for a much
shorter time of the republic of Gran Colombia. It is a medium-income
country with an HDI score of 0.720 (2011).[7]
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  • 2. Flag of Ecuador (The of significance colors & emblem) The Red, green and blue are the colors of Francisco Miranda, the South American revolutionist and adventurer. The yellow is the color of the federation, red is said to indicate courage. Blue symbolizes independence from Spain. The center of arms is topped with a condor. National Symbols
  • 3. National Red Rose National Tree (Cinchora) (Lycast Skinneri) ( Quina) National Animal-Quina National Mountain-Andian Condor National River- Chimborazo National Instrument- Rondador Ecuador Government System
  • 4. Ecuador had four successive democratic elections from 1948 to 1960, but the country did not experience relative political stability under democratic rule again until the 1980s. Seven years of military dictatorship ended with the presidential inauguration of Jaime Roldós Aguilera on August 10, 1979. After Roldós died in an airplane crash on May 24, 1981, Vice President Osvaldo Hurtado Larrea assumed the presidency. The completion of the Hurtado/Roldós administration and the constitutional and orderly transfer of power--the first such transfer in twenty-four years--to conservative León Febres Cordero Ribadeneyra (1984-88) in August 1984 seemed to affirm the restoration of democracy in Ecuador. Nevertheless, as Roldós himself had cautioned shortly before taking office, the nation had only a formalistic and ritualistic democratic tradition. Ecuadorian Culture This page is mainly about the Ecuadorian culture. Culture is an important thing to the country of Ecuador. The culture of Ecuador is also connected to religion. In this page you will learn about the clothing Ecuadorians wear, food, music, dances, festivals and other more interesting cultural facts. Traditions
  • 5. In Ecuador people can greet you with their smile or just by saying "hi" in spanish. Some ecuadorian can greet you by saying hi but not in spanish but in Quechua, their native language. Some Andean people who live in the mountain regions still speak the Quechua language. Through out history, women were the ones who had to stay at home while their husbands went to work. Women had to stay at home to do the chores and take care of the children and serve their husbands. Today, that has changed in Ecuador. In Ecuador it is reversed. The woman now go to work and most men stay at home to take care of their children. Ecuadorians know were the people come from because of the way they are dressed. Many ecuadorians dress differently according to the place or region they live. Some festivals or holidays are celebrated differently in Ecuador. During the Christmas time in Ecuador the Novenas or house tours begin the holiday season and it starts nine days before Christmas. Ecuadorians visit different homes looking at the nativity scenes and decorations. Children at this time place their list of presents into an old shoe waiting for Papa Noel (Santa Claus) to come and visit. Everyone get together with their family to celebrate Christmas. A special cookie is made and is eaten as a specil treat. New Year's is also celebrated in Ecuador but in a different way than in other countries. The ecuadorian tradition is that in the New Year, they make dummy that is stuffed with old clothing and then is burned to celebrate the ending of the old year and the coming of the New Year. Ecuadorians also dress themselves as clowns to recieve the coming of the New Year in a happy and enjoyable way. Customs Most Ecuadorans place great emphasis on the family, including fictive kinship, which is established by the choice of godparents at baptism. Apart from baptism, important occasions in the life cycle include the quinceañera (the 15th birthday of girls), marriage, and funerals. Many Ecuadorans make pilgrimages or dedicate themselves
  • 6. to the service of a particular saint. During the year, numerous religious and secular festivals provide opportunities for parades, special food, and music and dance. Food Ecuador Food mainly includes a great variety of fruits and vegetables, as there are plenty of them. Ecuador is greatly recognized for its exotic fruits, high quality fish and Seafood and the innumerable varieties of Andean potatoes. All over the country, you will find a wide frequency of national and regional dishes, which include lemon marinated shrimp, toasted corn and patties stuffed with minced spicy meat. Ecuadorian Food is for all, be with a low or a high budget. Those with a low budget can opt for the combo meals or set meals and can still enjoy the wide variety of taste. Normally lunch and dinner with soup, meat in main course and dessert come up to 1 $. There are choices for vegetarians as well. There is a wide range of breads, pastries, savory snacks and cheese or meat filled patties. Potato and cheese pancakes known as llapingachos are delicacies. The regular diet includes rice, potato, meat as in beef and chicken, and pork in Sierra. One of the most important sauce in Ecuadorian Cuisine is aji which is a hot sauce. Most homes and restaurants in Ecuador have their own versions of this sauce. Soups are again a specialty of Ecuadorian Food. Locro Soup though sounds a little weird with the ingredients like cheese, avocado and potato
  • 7. is actually quite delicious. Food of Ecuador on a daily basis includes seco de pollo, which is stewed chicken with rice and avocado slices. The spices of Ecuador are extraordinary which make the Ecuador Food mouth watering. Educational System Primary Education The constitution stipulates that all children attend school for 9 years and that this be free. Although the primary school enrolment rate exceeds 95%, 25% of children will have dropped out by the end of the 5th grade. Information is scanty, however there are believed to be approximately 1,088 primary schools where an average of 1.5 teachers per school educate an average of 63 pupils through 6 grades. Secondary Education There are 35 secondary schools in Ecuador. Grades 7 – 9 are free. Thereafter parents must pay school fees if they would like their children to study further. When this happens students have a choice of attending classes in for example computer skills, maths, science or social studies. Vocational Education Information on vocational training is scant too, and in many cases on- job training is little more than sitting next to nellie. A number of international aid programs are in place the help the government improve the situation. Inevitably it is the rural poor that are the most disadvantaged. Tertiary Education The primary university is Universidad San Francisco de Quito in the city of that name. While highly regarded locally it scores poorly in international rankings. It was founded in 1988 as a non-profit organization to plug a gap in the country’s education system.
  • 8. There were originally just 3 colleges (business, applied sciences, communications and culture). Over the years a fuller spread has been added. October 12 Columbus Day* Also known as "Día de la Raza" (Day of the Race), Columbus Day celebrates the day in 1492 on which Christopher Columbus (Cristobal Colón) first set foot on American soil in what is now known as the Dominican Republic. November 2 All Soul's Day (a.k.a. "Day of the Dead")* On All Soul's Day, families visit cemeteries to dance, drink, eat, and leave flowers and other offerings for deceased friends and relatives in a convivial ceremony designed to celebrate the lives of those who have passed on. December 6 Founder's Day, Quito - Fiestas de Quito The air in Quito takes on a more festive spirit throughout the first week of December as Quiteños take in bullfights, parades, and street dances, and ride around Quito atop Chivas (open-air party buses complete with live music and drinks). Also known as "Fiestas de Quito", this week is the opening act to a month-long gala for many July 25 Founder's Day, Guayaquil For two days, Guayaquil enjoys its biggest celebration of the year.
  • 9. The ciity shuts down for two days to celebrate Simón Bolívar's birthday and the foundation of Ecuador's most populous city. May 24 Battle of Pichincha* Military and civilian parades mark the day in 1822 when the country's most important battle in the war for independence from Spain was fought. Imports Importing goods into Ecuador from the United States or Europe can be a time-consuming, costly and frustrating process. However, with the guidance of good lawyers and reputable companies, many—but certainly not all—of these annoyances can be alleviated. Start the process way ahead of time and don't count on goods arriving according to a strict schedule. Many things can go wrong along the way. Guidelines are constantly changing and a lot depends on which particular customs officials you are dealing with at any given time. The first real step entails figuring out what type of visa entitles importation of goods. This is very important, as getting the wrong type of visa will cost you extra money, time and overall hassle. Keep in mind that you cannot import goods into Ecuador with a student visa. Then there are other visas like the investment visa—which requires a $25,000 minimum in the bank to keep it valid—that do allow importation, but are not recommended for doing so. Once you get have secured a visa at your local Ecuador consulate, the next big—and very important—step is finding a reputable importer. Take the time to do thorough research and make sure the company is aware of the specific provisions for importing into Ecuador. Many claim they know them, yet few have any real experience with Ecuador importation, and the requirements for Ecuador are very different than they are for other countries. The extra splurge on a reliable importer may be worth it because it is bound to save you money and cut down
  • 10. on inconvenience down the road. The importer will usually handle export documents, but at an extra cost. You will also need to set up an agent in advance to supervise customs at the port in Guayaquil, and to transport your items to Quito. It is also possible to pick the stuff up yourself in Guayaquil instead. INSA (URL: www.insa.com.ec) is a reputable company with English- speaking employees. One of the most important measures you will need to take is creating your Menaje de Casa, or an official, extremely detailed list of each item you are importing. The list must be translated into Spanish, and you need to include descriptions of, serial and model numbers of, and values of each thing in your shipping container. After this has been completed, you will need to get a Certificado de Menaje de Casa de Extanjeros at your nearest Ecuadorian consulate. You will have to get the signature on your Menaje de Casa notarized and then will need to get a letter written at the consulate that says you A than a year, which will then have to be notarized by someone in the consulate building. Once notarized, the letter will have to have an apostilleafixed at the state or provincial capital building and then will need to be taken back to the consulate another time. Approval of the Menaje de Casa costs about $100. Make sure to make lots of copies of all these documents (and that goes for all documents throughout the entire process). Also, take your passport with you everywhere because you will most likely be asked for it each step of the way. Costs are highly dependent on the importer you use, but keep in mind that you are charged per shipping container, not per pound, so empty space is wasted space. However, make sure that all items in the container, which will then be reflected on your Menaje de Casa, total less than $4,000 or else you will be subject to much higher taxes. On a value of slightly under $4,000, you can expect to pay about $700 in taxes, or about a fifth of the total value. Importing one shipping container from New York City to Guayaquil will cost around $3,000, and then an additional $1,300 or so for customs clearance and transport from Guayaquil to Quito.
  • 11. The entire process from start to finish can take close to a year, or even longer. Sometimes you will need to wait a few months for a boat to even come in the direction of Guayaquil before you will be able to send your belongings. Other times, your shipping container may sit inexplicably in customs for weeks or months. Therefore, don't plan for anything to arrive on time. Also, don't be surprised if items are missing, as there have been many reports of stolen goods. This is where hiring a reputable agent should payoff, as it should oversee the wellbeing of your goods and reduce the chances of this happening. Finally, importing, like many other things in Ecuador is all about who you know. Therefore, if you can hook up with someone who imports regularly through business or otherwise, putting your stuff with theirs is a significantly better and cheaper option. Exports Ecuador Exports are an essential component of national wealth. Ecuador produces many products in addition to oil, bananas and flowers. Primary Exports • Petroleum • Tourism • Fishing products (tunas, lobsters, shrimps, etc) • Milk products (milk, eggs to incubate, powder milk) • Flowers (roses, natural flowers, others) • Agricultural, fruits and vegetables • Onions, cauliflowers, broccoli, cucumbers, asparagus, yucca • Banana, macho bananas, pineapples, mangos, lemons, melons, watermelon • Coffee, black tea, ginger, corn, rice. Money Ecuador’s official currency is the US dollar. If you’re not traveling from the USA, consider bringing a small supply of US dollars with
  • 12. you on your trip in case you have trouble exchanging currency from your home country. Western Unions are in most big cities. Exchange The value for Official exchange rate (LCU per US$, period average) in Ecuador was 25,000.00 as of 2006. As the graph below shows, over the past 46 years this indicator reached a maximum value of 25,000.00 in 2006 and a minimum value of 15.00 in 1960. Definition: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). Source: International Monetary Fund, International Financial Statistics. Ecuador ( i/ˈ kwədɔ r/ E-kwə-dawr), officially the Republic of ɛ Ecuador (Spanish: República del Ecuador [reˈpuβlika ðelekwaˈðor] which literally translates as "Republic of the Equator") , is a representative democratic republic in South America, bordered by Colombia on the north, Peru on the east and south, and by the Pacific Ocean to the west. It is one of only two countries in South America, along with Chile, that do not have a border with Brazil. The country also includes the Galápagos Islands in the Pacific, about 1,000 kilometres (620 mi) west of the mainland. The main spoken language in Ecuador is Spanish (94% of the population). Languages of official use in native communities include Quichua, Shuar, and 11 other languages. Ecuador has an area of 275,830 km2 (106,500 sq mi). Its capital city is Quito, which was declared a World Heritage Site by UNESCO in the 1970s for having the best preserved and least altered historic center in Latin America.[8] The country's largest city is Guayaquil. With its international port and tuna fishing industry, Manta is the third most
  • 13. important city in the country economically. The historic centerofCuenca, the third largest city in the country, was also declared a World Heritage Site in 1999, for being an outstanding example of a planned inland Spanish style colonial city in the Americas.[9] Ecuador is also home to a great variety of species, many of them endemic, like those of theGalápagosislands. This species diversity makes Ecuador one of the 17 megadiverse countries in the world.[10] The new constitution of 2008 is the first in the world to recognize legally enforceable Rights of Nature, or ecosystem rights.[11] Ecuador is a presidential republic and became independent in 1830, after having been part of the Spanish colonial empire, and for a much shorter time of the republic of Gran Colombia. It is a medium-income country with an HDI score of 0.720 (2011).[7]