South Korean Won costa rican colón exchange rate history (KRW CRC) December 2023

South Korean Won costa rican colón history for December 2023. The highest quote for this month is 0.40987 (02/12/2023) and the lowest 0.41015 (02/12/2023). The difference between high and low is -0.07.

KRW CRC average rate for December 2023 is 0.39687, the change between 01/12/2023 and 31/12/2023 is +0.12 %.

01 December 2023	1 KRW = 0.3987 CRC
02 December 2023	1 KRW = 0.4102 CRC
03 December 2023	1 KRW = 0.4099 CRC
04 December 2023	1 KRW = 0.3977 CRC
05 December 2023	1 KRW = 0.3950 CRC
06 December 2023	1 KRW = 0.3920 CRC
07 December 2023	1 KRW = 0.3923 CRC
08 December 2023	1 KRW = 0.3924 CRC
10 December 2023	1 KRW = 0.4002 CRC
11 December 2023	1 KRW = 0.3917 CRC
12 December 2023	1 KRW = 0.3916 CRC
13 December 2023	1 KRW = 0.3928 CRC
14 December 2023	1 KRW = 0.3979 CRC
15 December 2023	1 KRW = 0.3969 CRC
16 December 2023	1 KRW = 0.4017 CRC
17 December 2023	1 KRW = 0.4017 CRC
18 December 2023	1 KRW = 0.4039 CRC
19 December 2023	1 KRW = 0.3924 CRC
20 December 2023	1 KRW = 0.3936 CRC
21 December 2023	1 KRW = 0.3932 CRC
22 December 2023	1 KRW = 0.3945 CRC
23 December 2023	1 KRW = 0.4016 CRC
24 December 2023	1 KRW = 0.4014 CRC
25 December 2023	1 KRW = 0.3922 CRC
26 December 2023	1 KRW = 0.3930 CRC
27 December 2023	1 KRW = 0.3935 CRC
28 December 2023	1 KRW = 0.3924 CRC
29 December 2023	1 KRW = 0.3982 CRC

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 South Korean Won Costa Rican colón