Historic Angolan kwanza Costa Rican colón

Angolan kwanza costa rican colón history for March 2024. The highest quote for this month is 0.60526 (05/03/2024) and the lowest 0.60474 (05/03/2024). The difference between high and low is 0.09.

AOA CRC average rate for March 2024 is 0.60157, the change between 01/03/2024 and 31/03/2024 is +0.78 %.

01 March 20241 AOA = 0.6026 CRC
04 March 20241 AOA = 0.6003 CRC
05 March 20241 AOA = 0.6051 CRC
06 March 20241 AOA = 0.6018 CRC
07 March 20241 AOA = 0.6017 CRC
11 March 20241 AOA = 0.5979 CRC

01/01/2022: Currency Floatation

Angola transitioned from a fixed exchange rate to a floating exchange rate system, allowing the Kwanza's value to be determined by the market forces of supply and demand.

30/10/2020: Kwanza Devaluation

In response to economic challenges, Angola devalued the Kwanza by approximately 24%, increasing the exchange rate from 165 to 195 Kwanzas per US dollar.

15/04/2013: Currency Redesign

Angola launched a new series of banknotes, featuring improved security features and new designs to reflect national landmarks and culture.

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.

08/11/1999: Return to Kwanza

Angola reintroduced the Kwanza as the official currency, replacing the Kwanza Reajustado, at a rate of 1,000 Kwanza Reajustado to 1 Kwanza.

18/02/1999: Introduction of Kwanza Reajustado

Kwanza Reajustado was introduced as a temporary currency, with 1 Kwanza Reajustado equal to 1,000 regular Kwanzas.

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.

31/03/1990: Kwanza Revaluation

In an attempt to combat hyperinflation, the government redenominated the currency, with 1 new Kwanza equal to 1,000 old Kwanzas.

08/01/1977: Introduction of the Kwanza

Angola introduced the first Kwanza currency, replacing the Portuguese Escudo, with 1 Kwanza equal to 1 Escudo.

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.

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.

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.

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.