Historic Costa Rican colón United States dollar

Costa Rican colón united states dollar history for July 2023. The highest quote for this month is 0.001908 (25/07/2023) and the lowest 0.001912 (25/07/2023). The difference between high and low is -0.21.

CRC USD average rate for July 2023 is 0.0019, the change between 01/07/2023 and 31/07/2023 is -0.85 %.

05 July 20231 CRC = 0.0019 USD
25 July 20231 CRC = 0.0019 USD
31 July 20231 CRC = 0.0019 USD

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.

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.

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.