Historic Brazilian Real Costa Rican colón

Brazilian Real costa rican colón history for October 2023. The highest quote for this month is 105.82 (29/10/2023) and the lowest 105.85 (29/10/2023). The difference between high and low is -0.03.

BRL CRC average rate for October 2023 is 103.11963, the change between 01/10/2023 and 31/10/2023 is +2.96 %.

01 October 20231 BRL = 105.7 CRC
02 October 20231 BRL = 103.6 CRC
03 October 20231 BRL = 103.0 CRC
04 October 20231 BRL = 101.2 CRC
05 October 20231 BRL = 100.7 CRC
06 October 20231 BRL = 100.3 CRC
07 October 20231 BRL = 103.8 CRC
09 October 20231 BRL = 100.7 CRC
10 October 20231 BRL = 101.6 CRC
11 October 20231 BRL = 103.4 CRC
12 October 20231 BRL = 103.4 CRC
13 October 20231 BRL = 103.1 CRC
16 October 20231 BRL = 102.6 CRC
17 October 20231 BRL = 102.8 CRC
18 October 20231 BRL = 102.8 CRC
19 October 20231 BRL = 102.6 CRC
20 October 20231 BRL = 102.1 CRC
21 October 20231 BRL = 105.5 CRC
22 October 20231 BRL = 105.5 CRC
23 October 20231 BRL = 102.7 CRC
24 October 20231 BRL = 103.3 CRC
25 October 20231 BRL = 103.8 CRC
26 October 20231 BRL = 103.8 CRC
27 October 20231 BRL = 103.9 CRC
29 October 20231 BRL = 105.9 CRC
30 October 20231 BRL = 104.3 CRC
31 October 20231 BRL = 102.5 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.