Costa Rican colón south korean won exchange rate history (CRC KRW) October 2023

Costa Rican colón south korean won history for October 2023. The highest quote for this month is 2.6262 (20/10/2023) and the lowest 2.6206 (19/10/2023). The difference between high and low is 0.21.

CRC KRW average rate for October 2023 is 2.58802, the change between 01/10/2023 and 31/10/2023 is -2.48 %.

01 October 2023	1 CRC = 2.543 KRW
02 October 2023	1 CRC = 2.587 KRW
03 October 2023	1 CRC = 2.597 KRW
04 October 2023	1 CRC = 2.599 KRW
05 October 2023	1 CRC = 2.603 KRW
06 October 2023	1 CRC = 2.599 KRW
07 October 2023	1 CRC = 2.517 KRW
09 October 2023	1 CRC = 2.592 KRW
10 October 2023	1 CRC = 2.583 KRW
11 October 2023	1 CRC = 2.570 KRW
12 October 2023	1 CRC = 2.564 KRW
13 October 2023	1 CRC = 2.592 KRW
16 October 2023	1 CRC = 2.610 KRW
17 October 2023	1 CRC = 2.603 KRW
18 October 2023	1 CRC = 2.613 KRW
19 October 2023	1 CRC = 2.612 KRW
20 October 2023	1 CRC = 2.624 KRW
21 October 2023	1 CRC = 2.542 KRW
22 October 2023	1 CRC = 2.543 KRW
23 October 2023	1 CRC = 2.612 KRW
24 October 2023	1 CRC = 2.579 KRW
25 October 2023	1 CRC = 2.594 KRW
26 October 2023	1 CRC = 2.610 KRW
27 October 2023	1 CRC = 2.608 KRW
29 October 2023	1 CRC = 2.553 KRW
30 October 2023	1 CRC = 2.624 KRW
31 October 2023	1 CRC = 2.606 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.

Historic Costa Rican colón South Korean Won