Cuban peso costa rican colón exchange rate history (CUP CRC) February 2024

Cuban peso costa rican colón history for February 2024. The highest quote for this month is 21.43 (03/02/2024) and the lowest 21.395 (17/02/2024). The difference between high and low is 0.16.

CUP CRC average rate for February 2024 is 21.05259, the change between 01/02/2024 and 29/02/2024 is -0.28 %.

01 February 2024	1 CUP = 20.86 CRC
02 February 2024	1 CUP = 20.85 CRC
03 February 2024	1 CUP = 21.36 CRC
04 February 2024	1 CUP = 21.36 CRC
05 February 2024	1 CUP = 21.00 CRC
06 February 2024	1 CUP = 21.02 CRC
07 February 2024	1 CUP = 21.02 CRC
08 February 2024	1 CUP = 21.02 CRC
09 February 2024	1 CUP = 21.02 CRC
12 February 2024	1 CUP = 21.01 CRC
13 February 2024	1 CUP = 21.01 CRC
14 February 2024	1 CUP = 21.01 CRC
15 February 2024	1 CUP = 21.03 CRC
16 February 2024	1 CUP = 21.05 CRC
17 February 2024	1 CUP = 21.40 CRC
18 February 2024	1 CUP = 21.40 CRC
19 February 2024	1 CUP = 21.00 CRC
20 February 2024	1 CUP = 20.91 CRC
21 February 2024	1 CUP = 20.91 CRC
22 February 2024	1 CUP = 20.88 CRC
23 February 2024	1 CUP = 20.94 CRC
24 February 2024	1 CUP = 21.36 CRC
25 February 2024	1 CUP = 21.36 CRC
26 February 2024	1 CUP = 20.93 CRC
27 February 2024	1 CUP = 20.90 CRC
28 February 2024	1 CUP = 20.92 CRC
29 February 2024	1 CUP = 20.91 CRC

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

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.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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.

Historic Cuban peso Costa Rican colón