Talk:Salvadoran colón

Untitled
To the anonymous most recent contributor: Could you clarify that? I was under the impression that the Salvadoran colón is still in use, but that the US dollar is also legal tender. Has the colón in fact been entirely disposed of? If so, we should remove him from currency templates and lists... Thanks in advance for your input! Nightstallion 07:25, 27 July 2005 (UTC)

El Salvadoran/ian
This page should either be El Salvadoran or El Salvadorian. I can't figure out which. www.dictionary.com says El Salvadorian, google has more hits for El Salvadoran. wikipedia has references to both. Is there a definitive source??? Mom2jandk 02:37, 8 December 2005 (UTC)


 * Merriam-Webster, which I tend to trust most, says "El Salvadoran". [[Image:European-Austrian flag hybrid.svg|20px]] ナイトスタリオン ✉ 14:06, 8 December 2005 (UTC)


 * Shouldn't it be Salvadoran colón? List of adjectival forms of place names – Zntrip 03:20, 1 January 2006 (UTC)

Salvadoran is more common in the USA media and appears as such in the 2010 Census form, but from personal experience - Salvadoreños typically refer to themselves as Salvadorian, at least initially until they filled out their Census forms. Anonpetit, 15 April 2010 —Preceding unsigned comment added by Anonpetit (talk • contribs) 20:57, 15 April 2010 (UTC)

Phase out
Why was it phased out?
 * replaced by the United States dollar. See dollarization. --ChoChoPK (球球PK) (talk | contrib) 23:34, 26 October 2006 (UTC)
 * The US needed some place to hide all their inflation. Rekutyn (talk) 13:36, 17 March 2010 (UTC)
 * These still do not answer the questionEnlil Ninlil (talk) 04:33, 15 April 2010 (UTC)

Dollarization Nolte (talk) 15:29, 16 October 2010 (UTC)

Came here expecting an explanation for why it was replaced
The history section cuts off well before the decision to replace the currency with the US Dollar. What is the explanation? Hyperinflation? Instability? Wanted to get rid of the responsibility of maintaining a currency? Was it forced on the country? — Preceding unsigned comment added by 78.52.69.179 (talk) 14:23, 16 October 2011 (UTC)

It was privately phased out by banks in order to avoid paying higher passive interest rates for colones while loaning at lower interest rates in dollars. Other than that, the dollar was generally a superior currency abroad so there was no point in exchanging dollars for colones to pay for imports — Preceding unsigned comment added by 201.247.172.49 (talk) 19:11, 15 April 2013 (UTC)

In the past
100 Centavos = 1 Peso > Colon Böri (talk) 14:39, 15 February 2012 (UTC)