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

South Korean Won costa rican colón history for October 2023. The highest quote for this month is 0.39582 (07/10/2023) and the lowest 0.39454 (07/10/2023). The difference between high and low is 0.32.

KRW CRC average rate for October 2023 is 0.38644, the change between 01/10/2023 and 31/10/2023 is +2.42 %.

01 October 2023	1 KRW = 0.3933 CRC
02 October 2023	1 KRW = 0.3865 CRC
03 October 2023	1 KRW = 0.3850 CRC
04 October 2023	1 KRW = 0.3847 CRC
05 October 2023	1 KRW = 0.3842 CRC
06 October 2023	1 KRW = 0.3848 CRC
07 October 2023	1 KRW = 0.3974 CRC
09 October 2023	1 KRW = 0.3858 CRC
10 October 2023	1 KRW = 0.3872 CRC
11 October 2023	1 KRW = 0.3891 CRC
12 October 2023	1 KRW = 0.3901 CRC
13 October 2023	1 KRW = 0.3859 CRC
16 October 2023	1 KRW = 0.3831 CRC
17 October 2023	1 KRW = 0.3841 CRC
18 October 2023	1 KRW = 0.3828 CRC
19 October 2023	1 KRW = 0.3828 CRC
20 October 2023	1 KRW = 0.3811 CRC
21 October 2023	1 KRW = 0.3934 CRC
22 October 2023	1 KRW = 0.3933 CRC
23 October 2023	1 KRW = 0.3829 CRC
24 October 2023	1 KRW = 0.3878 CRC
25 October 2023	1 KRW = 0.3855 CRC
26 October 2023	1 KRW = 0.3832 CRC
27 October 2023	1 KRW = 0.3834 CRC
29 October 2023	1 KRW = 0.3917 CRC
30 October 2023	1 KRW = 0.3812 CRC
31 October 2023	1 KRW = 0.3838 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