Historic Costa Rican colón Indian Rupee

Costa Rican colón indian rupee history for December 2023. The highest quote for this month is 0.16453 (28/12/2023) and the lowest 0.1646 (28/12/2023). The difference between high and low is -0.04.

CRC INR average rate for December 2023 is 0.16132, the change between 01/12/2023 and 31/12/2023 is -0.31 %.

01 December 20231 CRC = 0.1612 INR
02 December 20231 CRC = 0.1570 INR
03 December 20231 CRC = 0.1570 INR
04 December 20231 CRC = 0.1611 INR
05 December 20231 CRC = 0.1615 INR
06 December 20231 CRC = 0.1618 INR
07 December 20231 CRC = 0.1616 INR
08 December 20231 CRC = 0.1618 INR
10 December 20231 CRC = 0.1583 INR
11 December 20231 CRC = 0.1618 INR
12 December 20231 CRC = 0.1620 INR
13 December 20231 CRC = 0.1621 INR
14 December 20231 CRC = 0.1620 INR
15 December 20231 CRC = 0.1625 INR
16 December 20231 CRC = 0.1589 INR
17 December 20231 CRC = 0.1589 INR
18 December 20231 CRC = 0.1611 INR
19 December 20231 CRC = 0.1626 INR
20 December 20231 CRC = 0.1627 INR
21 December 20231 CRC = 0.1633 INR
22 December 20231 CRC = 0.1632 INR
23 December 20231 CRC = 0.1596 INR
24 December 20231 CRC = 0.1596 INR
25 December 20231 CRC = 0.1635 INR
26 December 20231 CRC = 0.1635 INR
27 December 20231 CRC = 0.1634 INR
28 December 20231 CRC = 0.1639 INR
29 December 20231 CRC = 0.1617 INR

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

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.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

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.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.

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.