Costa Rican colón · CRC
₡ symbol · 1 country currently using this currency.
Currency info
Adopted: 1896
Currency family: Other
The colón is named after Christopher Columbus, whose Spanish name Cristóbal Colón inspired the currency's title.
- Introduced in 1896 to replace the Costa Rican peso at a rate of 2 colones per peso
- Named after Christopher Columbus (Cristóbal Colón in Spanish), reflecting colonial heritage
- Pegged to the US dollar from 1934 to 1974, then allowed to float
- Experienced significant devaluation during the 1980s debt crisis
- Remains one of the most stable currencies in Central America
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Costa Rican peso