South Korean Won costa rican colón exchange rate history (KRW CRC) January 2024

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 2024	1 KRW = 0.3926 CRC
02 January 2024	1 KRW = 0.3930 CRC
03 January 2024	1 KRW = 0.3877 CRC
04 January 2024	1 KRW = 0.3867 CRC
05 January 2024	1 KRW = 0.3865 CRC
06 January 2024	1 KRW = 0.3930 CRC
07 January 2024	1 KRW = 0.3933 CRC
08 January 2024	1 KRW = 0.3846 CRC
09 January 2024	1 KRW = 0.3862 CRC
10 January 2024	1 KRW = 0.3839 CRC
11 January 2024	1 KRW = 0.3858 CRC
12 January 2024	1 KRW = 0.3873 CRC
14 January 2024	1 KRW = 0.3945 CRC
15 January 2024	1 KRW = 0.3858 CRC
16 January 2024	1 KRW = 0.3838 CRC
17 January 2024	1 KRW = 0.3794 CRC
18 January 2024	1 KRW = 0.3747 CRC
19 January 2024	1 KRW = 0.3759 CRC
22 January 2024	1 KRW = 0.3761 CRC
23 January 2024	1 KRW = 0.3747 CRC
24 January 2024	1 KRW = 0.3745 CRC
25 January 2024	1 KRW = 0.3766 CRC
26 January 2024	1 KRW = 0.3743 CRC
28 January 2024	1 KRW = 0.3823 CRC
29 January 2024	1 KRW = 0.3730 CRC
30 January 2024	1 KRW = 0.3734 CRC
31 January 2024	1 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.

Historic South Korean Won Costa Rican colón