Historic Costa Rican colón Brazilian Real

Costa Rican colón brazilian real history for February 2024. The highest quote for this month is 0.009978 (29/02/2024) and the lowest 0.00994 (29/02/2024). The difference between high and low is 0.38.

CRC BRL average rate for February 2024 is 0.00983, the change between 01/02/2024 and 29/02/2024 is -0.06 %.

01 February 20241 CRC = 0.0099 BRL
02 February 20241 CRC = 0.0098 BRL
03 February 20241 CRC = 0.0097 BRL
04 February 20241 CRC = 0.0097 BRL
05 February 20241 CRC = 0.0097 BRL
06 February 20241 CRC = 0.0098 BRL
07 February 20241 CRC = 0.0098 BRL
08 February 20241 CRC = 0.0099 BRL
09 February 20241 CRC = 0.0099 BRL
12 February 20241 CRC = 0.0098 BRL
13 February 20241 CRC = 0.0098 BRL
14 February 20241 CRC = 0.0098 BRL
15 February 20241 CRC = 0.0099 BRL
16 February 20241 CRC = 0.0099 BRL
17 February 20241 CRC = 0.0097 BRL
18 February 20241 CRC = 0.0097 BRL
19 February 20241 CRC = 0.0099 BRL
20 February 20241 CRC = 0.0099 BRL
21 February 20241 CRC = 0.0098 BRL
22 February 20241 CRC = 0.0099 BRL
23 February 20241 CRC = 0.0099 BRL
24 February 20241 CRC = 0.0097 BRL
25 February 20241 CRC = 0.0097 BRL
26 February 20241 CRC = 0.0100 BRL
27 February 20241 CRC = 0.0099 BRL
28 February 20241 CRC = 0.0098 BRL
29 February 20241 CRC = 0.0099 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.
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