Historic Brazilian Real Costa Rican colón

Brazilian Real costa rican colón history for December 2023. The highest quote for this month is 108.67 (02/12/2023) and the lowest 108.86 (02/12/2023). The difference between high and low is -0.17.

BRL CRC average rate for December 2023 is 105.33679, the change between 01/12/2023 and 31/12/2023 is +0.09 %.

01 December 20231 BRL = 105.0 CRC
02 December 20231 BRL = 108.9 CRC
03 December 20231 BRL = 108.7 CRC
04 December 20231 BRL = 105.4 CRC
05 December 20231 BRL = 104.5 CRC
06 December 20231 BRL = 104.5 CRC
07 December 20231 BRL = 105.2 CRC
08 December 20231 BRL = 104.9 CRC
10 December 20231 BRL = 106.9 CRC
11 December 20231 BRL = 105.4 CRC
12 December 20231 BRL = 104.2 CRC
13 December 20231 BRL = 103.7 CRC
14 December 20231 BRL = 104.5 CRC
15 December 20231 BRL = 104.3 CRC
16 December 20231 BRL = 105.7 CRC
17 December 20231 BRL = 105.7 CRC
18 December 20231 BRL = 104.8 CRC
19 December 20231 BRL = 104.4 CRC
20 December 20231 BRL = 105.0 CRC
21 December 20231 BRL = 103.8 CRC
22 December 20231 BRL = 104.4 CRC
23 December 20231 BRL = 107.4 CRC
24 December 20231 BRL = 107.3 CRC
25 December 20231 BRL = 104.5 CRC
26 December 20231 BRL = 104.5 CRC
27 December 20231 BRL = 105.8 CRC
28 December 20231 BRL = 105.3 CRC
29 December 20231 BRL = 104.9 CRC

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

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.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

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.