Virtual business cards vs traditional bank cards: What SMEs need to know
Key takeaways Virtual business card Traditional bank card Form Digital-only, exists in an app…
The Salvadoran Colón (SVC) was the national currency of El Salvador from 1892 until 2001, when it was officially replaced by the US dollar as part of a dollarization effort aimed at stabilizing the economy and encouraging investment. The colón was issued by the Central Reserve Bank of El Salvador in both coins and banknotes. While it is no longer in circulation, some older citizens still reference prices in colóns, though all transactions in El Salvador are now conducted in US dollars.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.

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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.