Historic Costa Rican colón Brazilian Real

Costa Rican colón brazilian real history for December 2023. The highest quote for this month is 0.009664 (13/12/2023) and the lowest 0.009634 (18/12/2023). The difference between high and low is 0.31.

CRC BRL average rate for December 2023 is 0.00949, the change between 01/12/2023 and 31/12/2023 is -0.08 %.

01 December 20231 CRC = 0.0095 BRL
02 December 20231 CRC = 0.0092 BRL
03 December 20231 CRC = 0.0092 BRL
04 December 20231 CRC = 0.0095 BRL
05 December 20231 CRC = 0.0096 BRL
06 December 20231 CRC = 0.0096 BRL
07 December 20231 CRC = 0.0095 BRL
08 December 20231 CRC = 0.0095 BRL
10 December 20231 CRC = 0.0094 BRL
11 December 20231 CRC = 0.0095 BRL
12 December 20231 CRC = 0.0096 BRL
13 December 20231 CRC = 0.0096 BRL
14 December 20231 CRC = 0.0096 BRL
15 December 20231 CRC = 0.0096 BRL
16 December 20231 CRC = 0.0095 BRL
17 December 20231 CRC = 0.0095 BRL
18 December 20231 CRC = 0.0095 BRL
19 December 20231 CRC = 0.0096 BRL
20 December 20231 CRC = 0.0095 BRL
21 December 20231 CRC = 0.0096 BRL
22 December 20231 CRC = 0.0096 BRL
23 December 20231 CRC = 0.0093 BRL
24 December 20231 CRC = 0.0093 BRL
25 December 20231 CRC = 0.0096 BRL
26 December 20231 CRC = 0.0096 BRL
27 December 20231 CRC = 0.0095 BRL
28 December 20231 CRC = 0.0095 BRL
29 December 20231 CRC = 0.0095 BRL

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.