GringoPost | Ecuador: Currency exit tax?

Logo HTML1

Ecuador-logo HTML40

.
The Fusion Pocket Radio (Test)
.

Search HTML3

Currency exit tax?

Can anyone confirm that the 5% currency exit tax is applied only to any amount over $1098 and not the $1098 itself? I know it's kind of a stupid question - but just don't want any surprises.

Also, what is the procedure for paying the tax when leaving through Guayaquil airport?

Erick