Historic South Korean Won Costa Rican colón

South Korean Won costa rican colón history for January 2024. The highest quote for this month is 0.39435 (14/01/2024) and the lowest 0.39451 (14/01/2024). The difference between high and low is -0.04.

KRW CRC average rate for January 2024 is 0.38282, the change between 01/01/2024 and 31/01/2024 is +4.04 %.

01 January 20241 KRW = 0.3926 CRC
02 January 20241 KRW = 0.3930 CRC
03 January 20241 KRW = 0.3877 CRC
04 January 20241 KRW = 0.3867 CRC
05 January 20241 KRW = 0.3865 CRC
06 January 20241 KRW = 0.3930 CRC
07 January 20241 KRW = 0.3933 CRC
08 January 20241 KRW = 0.3846 CRC
09 January 20241 KRW = 0.3862 CRC
10 January 20241 KRW = 0.3839 CRC
11 January 20241 KRW = 0.3858 CRC
12 January 20241 KRW = 0.3873 CRC
14 January 20241 KRW = 0.3945 CRC
15 January 20241 KRW = 0.3858 CRC
16 January 20241 KRW = 0.3838 CRC
17 January 20241 KRW = 0.3794 CRC
18 January 20241 KRW = 0.3747 CRC
19 January 20241 KRW = 0.3759 CRC
22 January 20241 KRW = 0.3761 CRC
23 January 20241 KRW = 0.3747 CRC
24 January 20241 KRW = 0.3745 CRC
25 January 20241 KRW = 0.3766 CRC
26 January 20241 KRW = 0.3743 CRC
28 January 20241 KRW = 0.3823 CRC
29 January 20241 KRW = 0.3730 CRC
30 January 20241 KRW = 0.3734 CRC
31 January 20241 KRW = 0.3768 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.
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