31/07/2013: Polymer Banknotes Issued
Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.
24/10/2011: Currency Redenomination
A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.
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.
12/06/1995: Introduction of New Banknotes
New banknotes were introduced, featuring enhanced security features and updated designs.
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.
01/03/1990: New Currency Symbol
A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.
12/04/1982: Decree on Currency Stability
The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.
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.
30/10/1953: Monetary Reform
A new monetary reform was implemented, replacing existing banknotes with new designs.
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.
04/03/1943: Paraguayan Guaraní Introduced
The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.
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.