Historic Cayman Islands dollar Costa Rican colón

Cayman Islands dollar costa rican colón history for February 2024. The highest quote for this month is 627.23 (03/02/2024) and the lowest 626.18 (17/02/2024). The difference between high and low is 0.17.

KYD CRC average rate for February 2024 is 618.64593, the change between 01/02/2024 and 29/02/2024 is -0.29 %.

01 February 20241 KYD = 613.5 CRC
02 February 20241 KYD = 613.5 CRC
03 February 20241 KYD = 625.1 CRC
04 February 20241 KYD = 625.1 CRC
05 February 20241 KYD = 617.6 CRC
06 February 20241 KYD = 618.4 CRC
07 February 20241 KYD = 618.3 CRC
08 February 20241 KYD = 618.4 CRC
09 February 20241 KYD = 618.4 CRC
12 February 20241 KYD = 618.3 CRC
13 February 20241 KYD = 618.2 CRC
14 February 20241 KYD = 618.2 CRC
15 February 20241 KYD = 619.0 CRC
16 February 20241 KYD = 619.5 CRC
17 February 20241 KYD = 626.2 CRC
18 February 20241 KYD = 626.2 CRC
19 February 20241 KYD = 617.9 CRC
20 February 20241 KYD = 615.2 CRC
21 February 20241 KYD = 615.2 CRC
22 February 20241 KYD = 614.2 CRC
23 February 20241 KYD = 615.8 CRC
24 February 20241 KYD = 625.1 CRC
25 February 20241 KYD = 625.1 CRC
26 February 20241 KYD = 615.6 CRC
27 February 20241 KYD = 614.9 CRC
28 February 20241 KYD = 615.5 CRC
29 February 20241 KYD = 615.2 CRC

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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.
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