Historic Costa Rican colón Panamanian Balboa

Costa Rican colón panamanian balboa history for February 2024. The highest quote for this month is 0.001954 (01/02/2024) and the lowest 0.001954 (01/02/2024). The difference between high and low is 0.

CRC PAB average rate for February 2024 is 0.00195, the change between 01/02/2024 and 29/02/2024 is +0.26 %.

01 February 20241 CRC = 0.0020 PAB
02 February 20241 CRC = 0.0020 PAB
03 February 20241 CRC = 0.0020 PAB
04 February 20241 CRC = 0.0020 PAB
05 February 20241 CRC = 0.0019 PAB
06 February 20241 CRC = 0.0019 PAB
07 February 20241 CRC = 0.0019 PAB
08 February 20241 CRC = 0.0019 PAB
09 February 20241 CRC = 0.0019 PAB
12 February 20241 CRC = 0.0019 PAB
13 February 20241 CRC = 0.0019 PAB
14 February 20241 CRC = 0.0019 PAB
15 February 20241 CRC = 0.0019 PAB
16 February 20241 CRC = 0.0019 PAB
17 February 20241 CRC = 0.0019 PAB
18 February 20241 CRC = 0.0019 PAB
19 February 20241 CRC = 0.0019 PAB
20 February 20241 CRC = 0.0019 PAB
21 February 20241 CRC = 0.0019 PAB
22 February 20241 CRC = 0.0020 PAB
23 February 20241 CRC = 0.0019 PAB
24 February 20241 CRC = 0.0020 PAB
25 February 20241 CRC = 0.0020 PAB
26 February 20241 CRC = 0.0019 PAB
27 February 20241 CRC = 0.0020 PAB
28 February 20241 CRC = 0.0019 PAB
29 February 20241 CRC = 0.0019 PAB

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

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.

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.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

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.

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.

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

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.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.

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.
CRC PAB January 2024
CRC PAB February 2024
CRC PAB March 2024
CRC PAB April 2024
CRC PAB May 2024
CRC PAB June 2024
CRC PAB July 2024
CRC PAB August 2024
CRC PAB September 2024
CRC PAB October 2024
CRC PAB November 2024
CRC PAB December 2024
CRC PAB January 2025