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.
31/12/2004: Return to the boliviano
Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.
31/12/2003: Dollarization crisis
Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.
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.
31/03/1988: Bolivianoization
Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.
28/02/1987: Introduction of the second boliviano
A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.
31/01/1986: Hyperinflation crisis
Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.
31/12/1962: Monetary reform
The boliviano underwent a monetary reform, with new banknotes and coins being issued.
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.
31/12/1891: Introduction of Bolivian boliviano
The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.
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.