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["1.1.1 OFERTA MONETARIA (M1) Y LIQUIDEZ TOTAL (M2)"]
[]
["En millones de dólares al final del período"]
[]
[]
["Período",null,"Especies Monetarias en Circulación (1)","Moneda Fraccionaria","Depósitos a la vista (2) ","Oferta Monetaria M1 (3)","Cuasidinero (4)","LIQUIDEZ TOTAL M2 (5)","Reservas Bancarias (6) ","Caja BCE","Caja OSD","BASE MONETARIA BM (7)","Multiplicador  M1/BM (8)","Multiplicador M2/BM (8)"]
[null,null,"a","b","c","d=a+b+c","e","f=d+e","g","h","i","j=a+b+g+h+i","k=d/j","l=f/j"]
[]
[2010,"Enero",{"v":3984.161463999999,"d":"3,984.2"},{"v":77.224971,"d":"77.2"},{"v":4872.219999999999,"d":"4,872.2"},{"v":8933.576435,"d":"8,933.6"},{"v":9424.72,"d":"9,424.7"},{"v":18358.296435,"d":"18,358.3"},{"v":1697.533799,"d":"1,697.5"},{"v":538.520178,"d":"538.5"},{"v":543.19,"d":"543.2"},{"v":6840.600412000002,"d":"6,840.6"},{"v":1.3059637892791447,"d":"1.3"},{"v":2.6837258909021036,"d":"2.7"}]
[null,"Febrero",{"v":3954.471995999999,"d":"3,954.5"},{"v":77.439156,"d":"77.4"},{"v":5008.04,"d":"5,008.0"},{"v":9036.979156,"d":"9,037.0"},{"v":9455.009999999998,"d":"9,455.0"},{"v":18491.989155999996,"d":"18,492.0"},{"v":1444.474563,"d":"1,444.5"},{"v":531.617646,"d":"531.6"},{"v":543.67,"d":"543.7"},{"v":6548.701365,"d":"6,548.7"},{"v":1.3799650728156236,"d":"1.4"},{"v":2.82376430460423,"d":"2.8"}]
[null,"Marzo",{"v":3927.217512999999,"d":"3,927.2"},{"v":77.90467,"d":"77.9"},{"v":5250.95,"d":"5,251.0"},{"v":9255.752183,"d":"9,255.8"},{"v":9574.539999999997,"d":"9,574.5"},{"v":18830.292182999998,"d":"18,830.3"},{"v":1632.281069,"d":"1,632.3"},{"v":482.472129,"d":"482.5"},{"v":575.77,"d":"575.8"},{"v":6695.325381000001,"d":"6,695.3"},{"v":1.382420070168058,"d":"1.4"},{"v":2.8124536316691366,"d":"2.8"}]
[null,"Abril",{"v":4029.108255999999,"d":"4,029.1"},{"v":78.303752,"d":"78.3"},{"v":5120.9400000000005,"d":"5,120.9"},{"v":9228.312008,"d":"9,228.3"},{"v":9891.830000000002,"d":"9,891.8"},{"v":19120.142008000003,"d":"19,120.1"},{"v":1720.1362649999999,"d":"1,720.1"},{"v":504.471386,"d":"504.5"},{"v":499.62,"d":"499.6"},{"v":6831.599659000001,"d":"6,831.6"},{"v":1.35082740040871,"d":"1.4"},{"v":2.7987796361590043,"d":"2.8"}]
[null,"Mayo",{"v":4078.7517959999986,"d":"4,078.8"},{"v":78.34093,"d":"78.3"},{"v":5215.3099999999995,"d":"5,215.3"},{"v":9372.362726,"d":"9,372.4"},{"v":9971.789999999999,"d":"9,971.8"},{"v":19344.152726,"d":"19,344.2"},{"v":1850.0470999999998,"d":"1,850.0"},{"v":462.315846,"d":"462.3"},{"v":595.34,"d":"595.3"},{"v":7064.755672000001,"d":"7,064.8"},{"v":1.3266364982933267,"d":"1.3"},{"v":2.7381205556290324,"d":"2.7"}]
[null,"Junio",{"v":4065.188454999999,"d":"4,065.2"},{"v":78.665864,"d":"78.7"},{"v":5206.74,"d":"5,206.7"},{"v":9350.554319,"d":"9,350.6"},{"v":10213.640000000001,"d":"10,213.6"},{"v":19564.194319000002,"d":"19,564.2"},{"v":1546.414468,"d":"1,546.4"},{"v":417.509187,"d":"417.5"},{"v":628.91,"d":"628.9"},{"v":6736.647974,"d":"6,736.6"},{"v":1.3880129042052272,"d":"1.4"},{"v":2.9041437810774346,"d":"2.9"}]
[null,"Julio",{"v":4159.2881259999995,"d":"4,159.3"},{"v":79.794747,"d":"79.8"},{"v":5278.790000000001,"d":"5,278.8"},{"v":9517.832873000003,"d":"9,517.8"},{"v":10438.94,"d":"10,438.9"},{"v":19956.772873,"d":"19,956.8"},{"v":1584.715338,"d":"1,584.7"},{"v":434.403516,"d":"434.4"},{"v":587.86,"d":"587.9"},{"v":6846.021727000001,"d":"6,846.0"},{"v":1.3902720810047469,"d":"1.4"},{"v":2.915090496177153,"d":"2.9"}]
[null,"Agosto",{"v":4218.821414999999,"d":"4,218.8"},{"v":79.969243,"d":"80.0"},{"v":5478.389999999999,"d":"5,478.4"},{"v":9777.800658,"d":"9,777.8"},{"v":10524.029999999999,"d":"10,524.0"},{"v":20301.830658,"d":"20,301.8"},{"v":1474.7543950000002,"d":"1,474.8"},{"v":383.960227,"d":"384.0"},{"v":648.85,"d":"648.9"},{"v":6806.975280000001,"d":"6,807.0"},{"v":1.4364383967617405,"d":"1.4"},{"v":2.982503949683801,"d":"3.0"}]
[null,"Septiembre",{"v":4191.923856,"d":"4,191.9"},{"v":81.264515,"d":"81.3"},{"v":5522.67,"d":"5,522.7"},{"v":9795.058371000003,"d":"9,795.1"},{"v":10548.800000000001,"d":"10,548.8"},{"v":20343.858371000002,"d":"20,343.9"},{"v":1494.392572,"d":"1,494.4"},{"v":684.825786,"d":"684.8"},{"v":626.29,"d":"626.3"},{"v":7077.896729000002,"d":"7,077.9"},{"v":1.3838939371447843,"d":"1.4"},{"v":2.8742801922562493,"d":"2.9"}]
[null,"Octubre",{"v":4325.188519,"d":"4,325.2"},{"v":81.299613,"d":"81.3"},{"v":5570.34,"d":"5,570.3"},{"v":9970.478132000004,"d":"9,970.5"},{"v":10689.420000000002,"d":"10,689.4"},{"v":20659.898132000006,"d":"20,659.9"},{"v":1795.190052,"d":"1,795.2"},{"v":516.765123,"d":"516.8"},{"v":648.88,"d":"648.9"},{"v":7360.973307000003,"d":"7,361.0"},{"v":1.354505405218419,"d":"1.4"},{"v":2.8066802133833626,"d":"2.8"}]
[null,"Noviembre",{"v":4222.609499,"d":"4,222.6"},{"v":81.761841,"d":"81.8"},{"v":5852.299999999999,"d":"5,852.3"},{"v":10155.351340000001,"d":"10,155.4"},{"v":10843.490000000002,"d":"10,843.5"},{"v":20998.841340000003,"d":"20,998.8"},{"v":1625.1285879999998,"d":"1,625.1"},{"v":725.014143,"d":"725.0"},{"v":629.93,"d":"629.9"},{"v":7283.124071000002,"d":"7,283.1"},{"v":1.39436747760987,"d":"1.4"},{"v":2.883218950451956,"d":"2.9"}]
[null,"Diciembre",{"v":4545.383996,"d":"4,545.4"},{"v":82.432862,"d":"82.4"},{"v":6148.33,"d":"6,148.3"},{"v":10776.106858000003,"d":"10,776.1"},{"v":11413.22,"d":"11,413.2"},{"v":22189.326858,"d":"22,189.3"},{"v":1606.7281529999998,"d":"1,606.7"},{"v":519.195646,"d":"519.2"},677.2,{"v":7430.900657000002,"d":"7,430.9"},{"v":1.4501750669817897,"d":"1.5"},{"v":2.9860884813602473,"d":"3.0"}]
[]
[2011,"Enero",{"v":4338.057435,"d":"4,338.1"},{"v":82.292037,"d":"82.3"},{"v":6022.110000000001,"d":"6,022.1"},{"v":10440.829472000003,"d":"10,440.8"},{"v":11236.349999999999,"d":"11,236.4"},{"v":21677.179472000003,"d":"21,677.2"},{"v":1325.554021,"d":"1,325.6"},{"v":363.938207,"d":"363.9"},{"v":638.38,"d":"638.4"},{"v":6746.591700000003,"d":"6,746.6"},{"v":1.5475709715766555,"d":"1.5"},{"v":3.213056375117527,"d":"3.2"}]
[null,"Febrero",{"v":4320.667718000001,"d":"4,320.7"},{"v":81.765212,"d":"81.8"},{"v":6130.639999999999,"d":"6,130.6"},{"v":10533.07293,"d":"10,533.1"},{"v":11441.14,"d":"11,441.1"},{"v":21974.21293,"d":"21,974.2"},{"v":1490.3472920000002,"d":"1,490.3"},{"v":275.569924,"d":"275.6"},{"v":662.95,"d":"663.0"},{"v":6831.300146000001,"d":"6,831.3"},{"v":1.541884078416249,"d":"1.5"},{"v":3.2166955719061443,"d":"3.2"}]
[null,"Marzo",{"v":4347.510043000001,"d":"4,347.5"},{"v":81.680068,"d":"81.7"},{"v":6449.47,"d":"6,449.5"},{"v":10878.660111000001,"d":"10,878.7"},{"v":11848.839999999998,"d":"11,848.8"},{"v":22727.500111,"d":"22,727.5"},{"v":1779.9778870000002,"d":"1,780.0"},{"v":429.763599,"d":"429.8"},{"v":686.19,"d":"686.2"},{"v":7325.121597000001,"d":"7,325.1"},{"v":1.4851166587398834,"d":"1.5"},{"v":3.102678885263561,"d":"3.1"}]
[null,"Abril",{"v":4477.490944000001,"d":"4,477.5"},{"v":81.716566,"d":"81.7"},{"v":6209.46,"d":"6,209.5"},{"v":10768.667510000001,"d":"10,768.7"},{"v":12376.499999999996,"d":"12,376.5"},{"v":23145.16751,"d":"23,145.2"},{"v":1907.020002,"d":"1,907.0"},{"v":575.644698,"d":"575.6"},{"v":678.99,"d":"679.0"},{"v":7720.862210000001,"d":"7,720.9"},{"v":1.394749344969854,"d":"1.4"},{"v":2.997743889279951,"d":"3.0"}]
[null,"Mayo",{"v":4444.3300070000005,"d":"4,444.3"},{"v":82.09353,"d":"82.1"},{"v":6371.44,"d":"6,371.4"},{"v":10897.863537000001,"d":"10,897.9"},{"v":12438.890000000001,"d":"12,438.9"},{"v":23336.753537000004,"d":"23,336.8"},{"v":1694.5172700000003,"d":"1,694.5"},{"v":712.007635,"d":"712.0"},747.8,{"v":7680.748442000001,"d":"7,680.7"},{"v":1.4188543758845318,"d":"1.4"},{"v":3.038343686585225,"d":"3.0"}]
[null,"Junio",{"v":4559.192566000001,"d":"4,559.2"},{"v":82.114227,"d":"82.1"},{"v":6431.6900000000005,"d":"6,431.7"},{"v":11072.996793000002,"d":"11,073.0"},{"v":12631.44,"d":"12,631.4"},{"v":23704.436793,"d":"23,704.4"},{"v":1747.6103190000001,"d":"1,747.6"},{"v":506.384076,"d":"506.4"},{"v":726.15,"d":"726.2"},{"v":7621.451188000001,"d":"7,621.5"},{"v":1.452872493683942,"d":"1.5"},{"v":3.11022615093602,"d":"3.1"}]
[]
[]
["(1) La metodología de cálculo y la serie 2000.1 - 2007.12 de las especies monetarias en circulación constan en la Revista \"Cuestiones Económicas\" del Banco Central del Ecuador, Vol. 23. N° 2, 2007. "]
["(2) Se refiere a depósitos en cuenta corriente recibidos por las instituciones bancarias, exigibles mediante la presentación de cheques u otros mecanismos de pago y registro. "]
["(3) La oferta monetaria se define como la cantidad de dinero a disposición inmediata de los agentes para realizar transacciones; contablemente el dinero en sentido estricto, es la suma de las especies monetarias "]
["         en circulación y los depósitos en cuenta corriente."]
["(4) Corresponde a las captaciones de las Otras Sociedades de Depósito, que sin ser de liquidez inmediata, suponen una \"segunda línea\" de medios de pago a disposición del público. Está formado por los depósitos"]
["        de ahorro, plazo, operaciones de reporto, fondos de tarjetahabientes y otros depósitos."]
["(5) La liquidez total o dinero en sentido amplio incluye la oferta monetaria y el cuasidinero."]
["(6) Son los depósitos que las instituciones financieras mantienen en el BCE por concepto de encaje."]
["(7) La base monetaria o dinero de alto poder se define contablemente como la suma de la emisión monetaria y las reservas bancarias. En el esquema de dolarización se considera las especies monetarias "]
["        en circulación, las cajas del sistema bancario (BCE y OSD) y las reservas bancarias en el BCE."]
["(8) El multiplicador monetario es aquel factor, dado ciertos determinantes, que permite crear el dinero secundario, resultado de un proceso de expansión de los activos y pasivos del sistema financiero."]
["        A partir de la base monetaria es posible calcular los multiplicadores del dinero en sentido estricto y en sentido amplio."]
[]
["Fuente: Instituciones Financieras."]