Costa Rican colón cuban peso exchange rate history (CRC CUP) October 2023

Costa Rican colón cuban peso history for October 2023. The highest quote for this month is 0.046313 (20/10/2023) and the lowest 0.046368 (19/10/2023). The difference between high and low is -0.12.

CRC CUP average rate for October 2023 is 0.04597, the change between 01/10/2023 and 31/10/2023 is -2.57 %.

01 October 2023	1 CRC = 0.0451 CUP
02 October 2023	1 CRC = 0.0460 CUP
03 October 2023	1 CRC = 0.0460 CUP
04 October 2023	1 CRC = 0.0459 CUP
05 October 2023	1 CRC = 0.0461 CUP
06 October 2023	1 CRC = 0.0461 CUP
07 October 2023	1 CRC = 0.0449 CUP
09 October 2023	1 CRC = 0.0460 CUP
10 October 2023	1 CRC = 0.0460 CUP
11 October 2023	1 CRC = 0.0459 CUP
12 October 2023	1 CRC = 0.0459 CUP
13 October 2023	1 CRC = 0.0461 CUP
16 October 2023	1 CRC = 0.0463 CUP
17 October 2023	1 CRC = 0.0463 CUP
18 October 2023	1 CRC = 0.0462 CUP
19 October 2023	1 CRC = 0.0462 CUP
20 October 2023	1 CRC = 0.0464 CUP
21 October 2023	1 CRC = 0.0452 CUP
22 October 2023	1 CRC = 0.0452 CUP
23 October 2023	1 CRC = 0.0463 CUP
24 October 2023	1 CRC = 0.0463 CUP
25 October 2023	1 CRC = 0.0463 CUP
26 October 2023	1 CRC = 0.0462 CUP
27 October 2023	1 CRC = 0.0463 CUP
29 October 2023	1 CRC = 0.0452 CUP
30 October 2023	1 CRC = 0.0463 CUP
31 October 2023	1 CRC = 0.0463 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.

Historic Costa Rican colón Cuban peso