Historic Costa Rican colón South Korean Won

Costa Rican colón south korean won history for February 2024. The highest quote for this month is 2.6713 (21/02/2024) and the lowest 2.662 (21/02/2024). The difference between high and low is 0.35.

CRC KRW average rate for February 2024 is 2.63779, the change between 01/02/2024 and 29/02/2024 is +0.28 %.

01 February 20241 CRC = 2.673 KRW
02 February 20241 CRC = 2.659 KRW
03 February 20241 CRC = 2.610 KRW
04 February 20241 CRC = 2.610 KRW
05 February 20241 CRC = 2.634 KRW
06 February 20241 CRC = 2.643 KRW
07 February 20241 CRC = 2.632 KRW
08 February 20241 CRC = 2.634 KRW
09 February 20241 CRC = 2.641 KRW
12 February 20241 CRC = 2.643 KRW
13 February 20241 CRC = 2.638 KRW
14 February 20241 CRC = 2.662 KRW
15 February 20241 CRC = 2.630 KRW
16 February 20241 CRC = 2.632 KRW
17 February 20241 CRC = 2.592 KRW
18 February 20241 CRC = 2.592 KRW
19 February 20241 CRC = 2.645 KRW
20 February 20241 CRC = 2.661 KRW
21 February 20241 CRC = 2.661 KRW
22 February 20241 CRC = 2.664 KRW
23 February 20241 CRC = 2.644 KRW
24 February 20241 CRC = 2.594 KRW
25 February 20241 CRC = 2.594 KRW
26 February 20241 CRC = 2.654 KRW
27 February 20241 CRC = 2.658 KRW
28 February 20241 CRC = 2.656 KRW
29 February 20241 CRC = 2.665 KRW

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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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