Historic Costa Rican colón Chilean Peso

Costa Rican colón chilean peso history for August 2023. The highest quote for this month is 1.6729 (21/08/2023) and the lowest 1.6622 (22/08/2023). The difference between high and low is 0.64.

CRC CLP average rate for August 2023 is 1.62859, the change between 01/08/2023 and 31/08/2023 is -1.61 %.

01 August 20231 CRC = 1.592 CLP
02 August 20231 CRC = 1.580 CLP
03 August 20231 CRC = 1.585 CLP
04 August 20231 CRC = 1.600 CLP
07 August 20231 CRC = 1.611 CLP
08 August 20231 CRC = 1.628 CLP
09 August 20231 CRC = 1.627 CLP
10 August 20231 CRC = 1.638 CLP
11 August 20231 CRC = 1.615 CLP
12 August 20231 CRC = 1.612 CLP
14 August 20231 CRC = 1.639 CLP
15 August 20231 CRC = 1.645 CLP
16 August 20231 CRC = 1.651 CLP
17 August 20231 CRC = 1.663 CLP
18 August 20231 CRC = 1.653 CLP
20 August 20231 CRC = 1.634 CLP
21 August 20231 CRC = 1.676 CLP
22 August 20231 CRC = 1.671 CLP
23 August 20231 CRC = 1.664 CLP
24 August 20231 CRC = 1.654 CLP
25 August 20231 CRC = 1.614 CLP
28 August 20231 CRC = 1.606 CLP
29 August 20231 CRC = 1.615 CLP
30 August 20231 CRC = 1.627 CLP
31 August 20231 CRC = 1.617 CLP

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.