Historic Costa Rican colón South Korean Won

Costa Rican colón south korean won history for January 2024. The highest quote for this month is 2.6772 (29/01/2024) and the lowest 2.6772 (29/01/2024). The difference between high and low is 0.

CRC KRW average rate for January 2024 is 2.61305, the change between 01/01/2024 and 31/01/2024 is -4.21 %.

01 January 20241 CRC = 2.547 KRW
02 January 20241 CRC = 2.545 KRW
03 January 20241 CRC = 2.579 KRW
04 January 20241 CRC = 2.586 KRW
05 January 20241 CRC = 2.587 KRW
06 January 20241 CRC = 2.545 KRW
07 January 20241 CRC = 2.542 KRW
08 January 20241 CRC = 2.600 KRW
09 January 20241 CRC = 2.590 KRW
10 January 20241 CRC = 2.605 KRW
11 January 20241 CRC = 2.592 KRW
12 January 20241 CRC = 2.582 KRW
14 January 20241 CRC = 2.535 KRW
15 January 20241 CRC = 2.592 KRW
16 January 20241 CRC = 2.606 KRW
17 January 20241 CRC = 2.636 KRW
18 January 20241 CRC = 2.669 KRW
19 January 20241 CRC = 2.660 KRW
22 January 20241 CRC = 2.659 KRW
23 January 20241 CRC = 2.669 KRW
24 January 20241 CRC = 2.670 KRW
25 January 20241 CRC = 2.656 KRW
26 January 20241 CRC = 2.672 KRW
28 January 20241 CRC = 2.616 KRW
29 January 20241 CRC = 2.681 KRW
30 January 20241 CRC = 2.678 KRW
31 January 20241 CRC = 2.654 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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