Portrait of José Joaquín de Olmedo surrounded by the country name (above) and his name (below). Coat of arms on the right.

José Joaquín de Olmedo y Maruri (1780–1847) was President of Ecuador from March 6, 1845 to December 8, 1845. He was also a noted poet who emphasized patriotic themes. His best-known work is La victoria de Junin, which pictures the Latin American fighters for independence from Spain as the legitimate heirs of the Incas. Olmedo devoted his life to Guayaquil, he created the Guayaquilean flag and shield, and in 1821 he composed the Song to the October Ninth, which would become the Guayaquil Anthem. The José Joaquín de Olmedo International Airport in Guayaquil is named after him.

Denomination in digits and in words, year of issue, name of the Central Bank of Ecuador above.