| 1/1/1948, Thu | New Year's Day |
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| 1/2/1948, Fri | New Year's Day: Additional Observance Day |
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| 2/9/1948, Mon | Carnival |
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| 2/10/1948, Tue | Carnival |
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| 3/21/1948, Sun | Palm Sunday |
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| 3/26/1948, Fri | Good Friday |
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| 3/28/1948, Sun | Easter |
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| 5/1/1948, Sat | Labor Day |
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| 5/24/1948, Mon | Battle of Pichincha Anniversary |
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| 6/25/1948, Fri | Bank Holiday |
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| 8/13/1948, Fri | National Independence Day: Actual Observance Day |
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| 11/2/1948, Tue | All Souls' Day |
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| 12/6/1948, Mon | Independence of Quito Day |
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| 12/24/1948, Fri | Christmas Eve |
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| 12/25/1948, Sat | Christmas Day |
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| 12/31/1948, Fri | New Year's Eve |
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