Historic Costa Rican colón Australian dollar

Costa Rican colón australian dollar history for October 2023. The highest quote for this month is 0.003073 (26/10/2023) and the lowest 0.003064 (20/10/2023). The difference between high and low is 0.29.

CRC AUD average rate for October 2023 is 0.00302, the change between 01/10/2023 and 31/10/2023 is -3.8 %.

01 October 20231 CRC = 0.0029 AUD
02 October 20231 CRC = 0.0030 AUD
03 October 20231 CRC = 0.0030 AUD
04 October 20231 CRC = 0.0030 AUD
05 October 20231 CRC = 0.0030 AUD
06 October 20231 CRC = 0.0030 AUD
07 October 20231 CRC = 0.0029 AUD
09 October 20231 CRC = 0.0030 AUD
10 October 20231 CRC = 0.0030 AUD
11 October 20231 CRC = 0.0030 AUD
12 October 20231 CRC = 0.0030 AUD
13 October 20231 CRC = 0.0030 AUD
16 October 20231 CRC = 0.0031 AUD
17 October 20231 CRC = 0.0030 AUD
18 October 20231 CRC = 0.0030 AUD
19 October 20231 CRC = 0.0030 AUD
20 October 20231 CRC = 0.0031 AUD
21 October 20231 CRC = 0.0030 AUD
22 October 20231 CRC = 0.0030 AUD
23 October 20231 CRC = 0.0031 AUD
24 October 20231 CRC = 0.0030 AUD
25 October 20231 CRC = 0.0030 AUD
26 October 20231 CRC = 0.0031 AUD
27 October 20231 CRC = 0.0030 AUD
29 October 20231 CRC = 0.0030 AUD
30 October 20231 CRC = 0.0031 AUD
31 October 20231 CRC = 0.0030 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.