United States dollar costa rican colón history for July 2023. The highest quote for this month is 530.18 (05/07/2023) and the lowest 529.59 (05/07/2023). The difference between high and low is 0.11.
USD CRC average rate for July 2023 is 526.03333, the change between 01/07/2023 and 31/07/2023 is +0.85 %.
| 05 July 2023 | 1 USD = 530.0 CRC |
| 25 July 2023 | 1 USD = 522.7 CRC |
| 31 July 2023 | 1 USD = 525.4 CRC |
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.
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.
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.
30/11/1949: 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.
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.