Historic Costa Rican colón Cuban peso

Costa Rican colón cuban peso history for January 2024. The highest quote for this month is 0.048124 (29/01/2024) and the lowest 0.048127 (30/01/2024). The difference between high and low is -0.01.

CRC CUP average rate for January 2024 is 0.04739, the change between 01/01/2024 and 31/01/2024 is -1.4 %.

01 January 20241 CRC = 0.0473 CUP
02 January 20241 CRC = 0.0473 CUP
03 January 20241 CRC = 0.0473 CUP
04 January 20241 CRC = 0.0473 CUP
05 January 20241 CRC = 0.0473 CUP
06 January 20241 CRC = 0.0464 CUP
07 January 20241 CRC = 0.0464 CUP
08 January 20241 CRC = 0.0473 CUP
09 January 20241 CRC = 0.0473 CUP
10 January 20241 CRC = 0.0473 CUP
11 January 20241 CRC = 0.0472 CUP
12 January 20241 CRC = 0.0472 CUP
14 January 20241 CRC = 0.0463 CUP
15 January 20241 CRC = 0.0473 CUP
16 January 20241 CRC = 0.0473 CUP
17 January 20241 CRC = 0.0473 CUP
18 January 20241 CRC = 0.0476 CUP
19 January 20241 CRC = 0.0477 CUP
22 January 20241 CRC = 0.0478 CUP
23 January 20241 CRC = 0.0478 CUP
24 January 20241 CRC = 0.0479 CUP
25 January 20241 CRC = 0.0479 CUP
26 January 20241 CRC = 0.0480 CUP
28 January 20241 CRC = 0.0470 CUP
29 January 20241 CRC = 0.0481 CUP
30 January 20241 CRC = 0.0481 CUP
31 January 20241 CRC = 0.0480 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

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.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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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