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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"]
[]
[2011,"Enero",{"v":4338.057435,"d":"4,338.1"},{"v":82.292037,"d":"82.3"},{"v":6022.110000000001,"d":"6,022.1"},{"v":10442.459472,"d":"10,442.5"},{"v":11236.349999999999,"d":"11,236.4"},{"v":21678.809472,"d":"21,678.8"},{"v":1325.554021,"d":"1,325.6"},{"v":363.938207,"d":"363.9"},{"v":638.38,"d":"638.4"},{"v":6748.2217,"d":"6,748.2"},{"v":1.5474387084822658,"d":"1.5"},{"v":3.212521822156495,"d":"3.2"}]
[null,"Febrero",{"v":4327.387718,"d":"4,327.4"},{"v":81.765212,"d":"81.8"},{"v":6130.639999999999,"d":"6,130.6"},{"v":10539.79293,"d":"10,539.8"},{"v":11441.14,"d":"11,441.1"},{"v":21980.93293,"d":"21,980.9"},{"v":1490.3472920000002,"d":"1,490.3"},{"v":275.569924,"d":"275.6"},{"v":662.95,"d":"663.0"},{"v":6838.020146000001,"d":"6,838.0"},{"v":1.5413515469335675,"d":"1.5"},{"v":3.2145171351766293,"d":"3.2"}]
[null,"Marzo",{"v":4346.750043000001,"d":"4,346.8"},{"v":81.680068,"d":"81.7"},{"v":6449.47,"d":"6,449.5"},{"v":10877.900111,"d":"10,877.9"},{"v":11848.839999999998,"d":"11,848.8"},{"v":22726.740111,"d":"22,726.7"},{"v":1779.9778870000002,"d":"1,780.0"},{"v":429.763599,"d":"429.8"},{"v":686.19,"d":"686.2"},{"v":7324.361597000001,"d":"7,324.4"},{"v":1.4851669960499356,"d":"1.5"},{"v":3.1028970661837185,"d":"3.1"}]
[null,"Abril",{"v":4477.180944000001,"d":"4,477.2"},{"v":81.716566,"d":"81.7"},{"v":6209.46,"d":"6,209.5"},{"v":10768.357510000002,"d":"10,768.4"},{"v":12376.499999999996,"d":"12,376.5"},{"v":23144.857509999998,"d":"23,144.9"},{"v":1907.020002,"d":"1,907.0"},{"v":575.644698,"d":"575.6"},{"v":678.99,"d":"679.0"},{"v":7720.552210000001,"d":"7,720.6"},{"v":1.3947651951698932,"d":"1.4"},{"v":2.9978241038279303,"d":"3.0"}]
[null,"Mayo",{"v":4438.880007000001,"d":"4,438.9"},{"v":82.09353,"d":"82.1"},{"v":6371.44,"d":"6,371.4"},{"v":10892.413537,"d":"10,892.4"},{"v":12438.890000000001,"d":"12,438.9"},{"v":23331.303537,"d":"23,331.3"},{"v":1694.5172700000003,"d":"1,694.5"},{"v":712.007635,"d":"712.0"},747.8,{"v":7675.298442000001,"d":"7,675.3"},{"v":1.419151791856799,"d":"1.4"},{"v":3.039791053508587,"d":"3.0"}]
[null,"Junio",{"v":4561.002566,"d":"4,561.0"},{"v":82.114227,"d":"82.1"},{"v":6431.6900000000005,"d":"6,431.7"},{"v":11074.806793,"d":"11,074.8"},{"v":12631.44,"d":"12,631.4"},{"v":23706.246793,"d":"23,706.2"},{"v":1747.6103190000001,"d":"1,747.6"},{"v":506.384076,"d":"506.4"},{"v":726.15,"d":"726.2"},{"v":7623.261188,"d":"7,623.3"},{"v":1.4527649676273953,"d":"1.5"},{"v":3.1097251174230656,"d":"3.1"}]
[null,"Julio",{"v":4662.684993,"d":"4,662.7"},{"v":82.462857,"d":"82.5"},{"v":6535.23,"d":"6,535.2"},{"v":11280.37785,"d":"11,280.4"},{"v":12927.14,"d":"12,927.1"},{"v":24207.51785,"d":"24,207.5"},{"v":1842.625019,"d":"1,842.6"},{"v":423.471649,"d":"423.5"},{"v":710.48,"d":"710.5"},{"v":7721.724518000001,"d":"7,721.7"},{"v":1.4608625085891727,"d":"1.5"},{"v":3.134988537025661,"d":"3.1"}]
[null,"Agosto",{"v":4665.185604,"d":"4,665.2"},{"v":82.762439,"d":"82.8"},{"v":6583.85,"d":"6,583.9"},{"v":11331.798043,"d":"11,331.8"},{"v":13176.23,"d":"13,176.2"},{"v":24508.028043,"d":"24,508.0"},{"v":1837.013454,"d":"1,837.0"},{"v":527.871038,"d":"527.9"},{"v":749.08,"d":"749.1"},{"v":7861.912535,"d":"7,861.9"},{"v":1.4413538681017646,"d":"1.4"},{"v":3.1173112056251076,"d":"3.1"}]
[null,"Septiembre",{"v":4742.209524999999,"d":"4,742.2"},{"v":82.841513,"d":"82.8"},{"v":6408.5,"d":"6,408.5"},{"v":11233.551038,"d":"11,233.6"},{"v":13614.42,"d":"13,614.4"},{"v":24847.971038,"d":"24,848.0"},{"v":1833.5796150000003,"d":"1,833.6"},{"v":522.085117,"d":"522.1"},703.9,{"v":7884.615769999999,"d":"7,884.6"},{"v":1.4247429888393914,"d":"1.4"},{"v":3.1514498312705985,"d":"3.2"}]
[null,"Octubre",{"v":4793.3351569999995,"d":"4,793.3"},{"v":83.414454,"d":"83.4"},{"v":6417.280000000001,"d":"6,417.3"},{"v":11294.029611,"d":"11,294.0"},{"v":13780.94,"d":"13,780.9"},{"v":25074.969611,"d":"25,075.0"},{"v":1754.110798,"d":"1,754.1"},{"v":605.936485,"d":"605.9"},{"v":799.21,"d":"799.2"},{"v":8036.006893999999,"d":"8,036.0"},{"v":1.405428063959548,"d":"1.4"},{"v":3.1203270407497987,"d":"3.1"}]
[null,"Noviembre",{"v":4781.238859,"d":"4,781.2"},{"v":82.813536,"d":"82.8"},{"v":6383.74,"d":"6,383.7"},{"v":11247.792395,"d":"11,247.8"},{"v":13714.86,"d":"13,714.9"},{"v":24962.652395,"d":"24,962.7"},{"v":1521.80838,"d":"1,521.8"},{"v":816.220783,"d":"816.2"},{"v":773.84,"d":"773.8"},{"v":7975.921557999999,"d":"7,975.9"},{"v":1.4102185325178196,"d":"1.4"},{"v":3.129751491846355,"d":"3.1"}]
[null,"Diciembre",{"v":5290.979416,"d":"5,291.0"},{"v":83.197874,"d":"83.2"},{"v":6718.79,"d":"6,718.8"},{"v":12092.96729,"d":"12,093.0"},{"v":14464.010000000002,"d":"14,464.0"},{"v":26556.977290000003,"d":"26,557.0"},{"v":1594.7785430000001,"d":"1,594.8"},{"v":649.256226,"d":"649.3"},{"v":773.52,"d":"773.5"},{"v":8391.732059000002,"d":"8,391.7"},{"v":1.4410573651515102,"d":"1.4"},{"v":3.164659822702282,"d":"3.2"}]
[2012,"Enero",{"v":4958.153225,"d":"4,958.2"},{"v":83.402306,"d":"83.4"},{"v":6874.13,"d":"6,874.1"},{"v":11915.685531,"d":"11,915.7"},{"v":14412.779999999999,"d":"14,412.8"},{"v":26328.465530999998,"d":"26,328.5"},{"v":1699.272339,"d":"1,699.3"},{"v":863.622417,"d":"863.6"},{"v":731.84,"d":"731.8"},{"v":8336.290287,"d":"8,336.3"},{"v":1.4293750722167,"d":"1.4"},{"v":3.1582951918142577,"d":"3.2"}]
[null,"Febrero",{"v":4922.188227000001,"d":"4,922.2"},{"v":83.006349,"d":"83.0"},{"v":6890.549999999999,"d":"6,890.6"},{"v":11895.744576000001,"d":"11,895.7"},{"v":14836.300000000001,"d":"14,836.3"},{"v":26732.044576,"d":"26,732.0"},{"v":1706.527895,"d":"1,706.5"},{"v":697.023415,"d":"697.0"},{"v":808.32,"d":"808.3"},{"v":8217.065886,"d":"8,217.1"},{"v":1.4476876224477677,"d":"1.4"},{"v":3.253234785611892,"d":"3.3"}]
[null,"Marzo",{"v":5060.483519,"d":"5,060.5"},{"v":82.884368,"d":"82.9"},{"v":7300.46,"d":"7,300.5"},{"v":12443.827887,"d":"12,443.8"},{"v":15103.009999999998,"d":"15,103.0"},{"v":27546.837886999998,"d":"27,546.8"},{"v":1910.4775009999998,"d":"1,910.5"},{"v":755.398123,"d":"755.4"},{"v":733.65,"d":"733.7"},{"v":8542.893511,"d":"8,542.9"},{"v":1.4566291703129717,"d":"1.5"},{"v":3.224532513665322,"d":"3.2"}]
[null,"Abril",{"v":5211.788464,"d":"5,211.8"},{"v":82.539484,"d":"82.5"},{"v":7003.6900000000005,"d":"7,003.7"},{"v":12298.017948,"d":"12,298.0"},{"v":15374.52,"d":"15,374.5"},{"v":27672.537948,"d":"27,672.5"},{"v":1639.7875690000003,"d":"1,639.8"},{"v":579.693178,"d":"579.7"},{"v":803.57,"d":"803.6"},{"v":8317.378695,"d":"8,317.4"},{"v":1.4785930037540513,"d":"1.5"},{"v":3.327074426061107,"d":"3.3"}]
[null,"Mayo",{"v":5206.314686000001,"d":"5,206.3"},{"v":83.258436,"d":"83.3"},{"v":7247.7,"d":"7,247.7"},{"v":12537.273122,"d":"12,537.3"},{"v":15622.009999999998,"d":"15,622.0"},{"v":28159.283122,"d":"28,159.3"},{"v":1654.3633790000001,"d":"1,654.4"},{"v":644.086956,"d":"644.1"},{"v":820.05,"d":"820.1"},{"v":8408.073457,"d":"8,408.1"},{"v":1.49109938038925,"d":"1.5"},{"v":3.349076725603112,"d":"3.3"}]
[null,"Junio",{"v":5255.812357000001,"d":"5,255.8"},{"v":83.414597,"d":"83.4"},{"v":7084.469999999999,"d":"7,084.5"},{"v":12423.696954,"d":"12,423.7"},{"v":15796.53,"d":"15,796.5"},{"v":28220.226953999998,"d":"28,220.2"},{"v":1830.394203,"d":"1,830.4"},{"v":654.479285,"d":"654.5"},{"v":760.16,"d":"760.2"},{"v":8584.260442,"d":"8,584.3"},{"v":1.4472646814412669,"d":"1.4"},{"v":3.287438346572942,"d":"3.3"}]
[null,"Julio",{"v":5373.014582000001,"d":"5,373.0"},{"v":82.833945,"d":"82.8"},{"v":6949.83,"d":"6,949.8"},{"v":12405.678527,"d":"12,405.7"},{"v":15698.630000000001,"d":"15,698.6"},{"v":28104.308527,"d":"28,104.3"},{"v":1720.1693840000003,"d":"1,720.2"},{"v":459.76706,"d":"459.8"},{"v":829.12,"d":"829.1"},{"v":8464.904971000002,"d":"8,464.9"},{"v":1.4655425630294412,"d":"1.5"},{"v":3.320097345839418,"d":"3.3"}]
[null,"Agosto",{"v":5517.385844,"d":"5,517.4"},{"v":83.26651,"d":"83.3"},{"v":6911.38,"d":"6,911.4"},{"v":12512.032354,"d":"12,512.0"},{"v":15944.45,"d":"15,944.5"},{"v":28456.482354,"d":"28,456.5"},{"v":2416.67606,"d":"2,416.7"},{"v":447.663798,"d":"447.7"},807.1,{"v":9272.092212000001,"d":"9,272.1"},{"v":1.3494292407712305,"d":"1.3"},{"v":3.0690465219027305,"d":"3.1"}]
[null,"Septiembre",{"v":5508.07962,"d":"5,508.1"},{"v":83.158872,"d":"83.2"},{"v":6950.85,"d":"6,950.9"},{"v":12542.088492,"d":"12,542.1"},{"v":15900.739999999998,"d":"15,900.7"},{"v":28442.828492,"d":"28,442.8"},{"v":2307.4552769999996,"d":"2,307.5"},{"v":604.186022,"d":"604.2"},{"v":808.86,"d":"808.9"},{"v":9311.739791,"d":"9,311.7"},{"v":1.3469114014678765,"d":"1.3"},{"v":3.0545128118260583,"d":"3.1"}]
[null,"Octubre",{"v":5615.275053,"d":"5,615.3"},{"v":83.289644,"d":"83.3"},{"v":7154.529999999999,"d":"7,154.5"},{"v":12853.094697,"d":"12,853.1"},{"v":16089.98,"d":"16,090.0"},{"v":28943.074697,"d":"28,943.1"},{"v":2211.502434,"d":"2,211.5"},{"v":581.664589,"d":"581.7"},{"v":869.04,"d":"869.0"},{"v":9360.77172,"d":"9,360.8"},{"v":1.3730806691438042,"d":"1.4"},{"v":3.0919539075139415,"d":"3.1"}]
[null,"Noviembre",{"v":5761.627987,"d":"5,761.6"},{"v":83.082588,"d":"83.1"},{"v":7491.93,"d":"7,491.9"},{"v":13336.640575000001,"d":"13,336.6"},{"v":15961.34,"d":"15,961.3"},{"v":29297.980575,"d":"29,298.0"},{"v":2127.579847,"d":"2,127.6"},{"v":968.581655,"d":"968.6"},{"v":825.77,"d":"825.8"},{"v":9766.642077,"d":"9,766.6"},{"v":1.3655297767496963,"d":"1.4"},{"v":2.9998007855735205,"d":"3.0"}]
[null,"Diciembre",{"v":6410.697799,"d":"6,410.7"},{"v":84.516947,"d":"84.5"},{"v":8100.37,"d":"8,100.4"},{"v":14595.584746,"d":"14,595.6"},{"v":16393.88,"d":"16,393.9"},{"v":30989.464746,"d":"30,989.5"},{"v":2360.239261,"d":"2,360.2"},{"v":244.186843,"d":"244.2"},{"v":987.82,"d":"987.8"},{"v":10087.46085,"d":"10,087.5"},{"v":1.446903731576812,"d":"1.4"},{"v":3.072077820852212,"d":"3.1"}]
[2013,"Enero",{"v":6043.050888,"d":"6,043.1"},{"v":83.714124,"d":"83.7"},{"v":7876.77,"d":"7,876.8"},{"v":14003.535012,"d":"14,003.5"},{"v":16422.920000000002,"d":"16,422.9"},{"v":30426.455012000002,"d":"30,426.5"},{"v":2155.9107799999997,"d":"2,155.9"},{"v":407.221754,"d":"407.2"},{"v":884.67,"d":"884.7"},{"v":9574.567546,"d":"9,574.6"},{"v":1.462576241143163,"d":"1.5"},{"v":3.1778411782902265,"d":"3.2"}]
[null,"Febrero",{"v":6078.519856999999,"d":"6,078.5"},{"v":83.873203,"d":"83.9"},{"v":7829.950000000001,"d":"7,830.0"},{"v":13992.34306,"d":"13,992.3"},{"v":16620.629999999997,"d":"16,620.6"},{"v":30612.973059999997,"d":"30,613.0"},{"v":2462.135332,"d":"2,462.1"},{"v":365.318785,"d":"365.3"},{"v":928.48,"d":"928.5"},{"v":9918.327177,"d":"9,918.3"},{"v":1.410756351378224,"d":"1.4"},{"v":3.0865056691202555,"d":"3.1"}]
[null,"Marzo",{"v":6291.904371999999,"d":"6,291.9"},{"v":83.79172,"d":"83.8"},{"v":7735.47,"d":"7,735.5"},{"v":14111.166092,"d":"14,111.2"},{"v":16560.09,"d":"16,560.1"},{"v":30671.256092,"d":"30,671.3"},{"v":2747.4456499999997,"d":"2,747.4"},{"v":429.14427,"d":"429.1"},{"v":882.02,"d":"882.0"},{"v":10434.306012000001,"d":"10,434.3"},{"v":1.3523818523025313,"d":"1.4"},{"v":2.939462965407229,"d":"2.9"}]
[null,"Abril",{"v":6459.978372999999,"d":"6,460.0"},{"v":83.506967,"d":"83.5"},{"v":7528.959999999999,"d":"7,529.0"},{"v":14072.445339999998,"d":"14,072.4"},{"v":16785.850000000002,"d":"16,785.9"},{"v":30858.29534,"d":"30,858.3"},{"v":2554.5080620000003,"d":"2,554.5"},{"v":512.893269,"d":"512.9"},{"v":870.16,"d":"870.2"},{"v":10481.046671,"d":"10,481.0"},{"v":1.3426564904950797,"d":"1.3"},{"v":2.9441997835370577,"d":"2.9"}]
[null,"Mayo",{"v":6561.087991999999,"d":"6,561.1"},{"v":84.632108,"d":"84.6"},{"v":7854.719999999999,"d":"7,854.7"},{"v":14500.440099999998,"d":"14,500.4"},{"v":16927.41,"d":"16,927.4"},{"v":31427.850099999996,"d":"31,427.9"},{"v":2452.024772,"d":"2,452.0"},{"v":469.52765,"d":"469.5"},862.4,{"v":10429.672521999999,"d":"10,429.7"},{"v":1.390306365747655,"d":"1.4"},{"v":3.0133113032750694,"d":"3.0"}]
[null,"Junio",{"v":6591.9701559999985,"d":"6,592.0"},{"v":84.233698,"d":"84.2"},{"v":7508.26,"d":"7,508.3"},{"v":14184.463853999998,"d":"14,184.5"},{"v":17053.4,"d":"17,053.4"},{"v":31237.863854,"d":"31,237.9"},{"v":2588.012979,"d":"2,588.0"},{"v":423.085486,"d":"423.1"},835.1,{"v":10522.402318999999,"d":"10,522.4"},{"v":1.3480252345405497,"d":"1.3"},{"v":2.96870076879637,"d":"3.0"}]
[]
[]
["(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."]