El Salvador Central bank policy rate
El Salvador Central bank policy rate: no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 20 Jul 2026.
Monetary policy reference rate of the Banco Central de Reserva de El Salvador (BCR). Structurally null: El Salvador is fully dollarized and the BCR sets no policy interest rate.
Compare policy interest rate across all 10 North American countries →
| Current value | no single figure |
|---|---|
| In force from | 2001-01-01 |
| Official source | Ley de Integración Monetaria, Decreto Legislativo No. 201 de 30-nov-2000, D.O. No. 241, Tomo 349, 22-dic-2000 (texto oficial alojado por la Superintendencia del Sistema Financiero) |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
STRUCTURAL NULL (Ecuador precedent). El Salvador dollarized on 2001-01-01 under the Ley de Integración Monetaria: Art. 1 fixed the colón at 8.75 per US dollar 'fijo e inalterable'; Art. 3 gives the US dollar 'curso legal irrestricto con poder liberatorio ilimitado'; Arts. 4-5 converted colones in circulation to dollars via the BCR. The BCR no longer issues currency or conducts monetary policy, and publishes no policy/reference interest rate — only descriptive market interest-rate statistics. Do not substitute a market rate as a proxy. Side note on the Bitcoin experiment: the Ley Bitcoin (D.L. No. 57 de 8-jun-2021) was amended by the Asamblea Legislativa on 29-Jan-2025 (55-2 vote, under the IMF EFF programme): private-sector acceptance is now voluntary, several articles (4, 8, 9) were repealed, and BTC has no monetary-policy role; the US dollar remains the unit of account for prices, taxes and accounting. Verified from the full statutory text (SSF-hosted PDF, extracted locally with pdftotext; the PDF has a text layer).
Get it programmatically
curl https://usaref.dev/v1/sv/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://usaref.dev/v1/sv/policy-rate/history?from=2020-01-01
# Provenance: curl https://usaref.dev/provenance/sv/policy-rateOther El Salvador series: VAT (IVA) standard rate · VAT registration threshold · Minimum wage (lowest general statutory floor) · Public holidays · CPI inflation (year-on-year) · Corporate income tax (ISR) standard rate · Withholding tax rates · Statutory legal interest (interés legal) · Personal income tax (ISR) brackets · Statutory social-insurance contributions
The same figure elsewhere: Guatemala · Honduras · Mexico · Panama · The Bahamas · all 10