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

South Korean Won costa rican colón history for September 2023. The highest quote for this month is 0.40194 (24/09/2023) and the lowest 0.40212 (24/09/2023). The difference between high and low is -0.04.

KRW CRC average rate for September 2023 is 0.39293, the change between 01/09/2023 and 30/09/2023 is +1.07 %.

01 September 2023	1 KRW = 0.3974 CRC
04 September 2023	1 KRW = 0.4013 CRC
05 September 2023	1 KRW = 0.3980 CRC
06 September 2023	1 KRW = 0.3938 CRC
07 September 2023	1 KRW = 0.3920 CRC
08 September 2023	1 KRW = 0.3917 CRC
11 September 2023	1 KRW = 0.3910 CRC
12 September 2023	1 KRW = 0.3959 CRC
13 September 2023	1 KRW = 0.3961 CRC
14 September 2023	1 KRW = 0.3926 CRC
15 September 2023	1 KRW = 0.3919 CRC
18 September 2023	1 KRW = 0.3885 CRC
19 September 2023	1 KRW = 0.3888 CRC
20 September 2023	1 KRW = 0.3893 CRC
21 September 2023	1 KRW = 0.3891 CRC
22 September 2023	1 KRW = 0.3881 CRC
23 September 2023	1 KRW = 0.4022 CRC
24 September 2023	1 KRW = 0.4019 CRC
25 September 2023	1 KRW = 0.3903 CRC
26 September 2023	1 KRW = 0.3913 CRC
27 September 2023	1 KRW = 0.3880 CRC
28 September 2023	1 KRW = 0.3886 CRC
29 September 2023	1 KRW = 0.3897 CRC
30 September 2023	1 KRW = 0.3931 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