Costa Rican Colón (CRC) Profile

Costa Rican colón users

The Costa Rican color is the currency of Costa Rica (officially Republic of Costa Rica) which is a country in Central America. Costa Rica declared independence from Spain in 1821 and then under the Mexican Empire from 1822-1823. In the year of 1823, Costa Rica became a part of a short-lived sovereign state named Federal Republic of Central America (existed from 1823 to 1840) which consisted of the present-day nations of Guatemala, EI Salvador, Honduras, Nicaragua, Costa Rica and Mexico. Until 1848, Costa Rica became an independent republic country.

Costa Rican colón history

The Costa Rican colón was introduced in 1896 replacing the Costa Rican peso at par. The peso was the currency of Costa Rica between 1850 and 1896 which initially was worth and subdivided into 8 reals and later in 1864 it was decimalized and subdivided into 100 centavos.

Costa Rican colón coins and banknotes

The Costa Rican color is subdivided into 100 centimos but coins were issued using the name of centavo instead during the years of 1917 to 1919.

Currently in circulation coins are in the denominations of 5, 10, 25, 50, 100 and 500 colones, the banknotes are in denominations of 1000, 2000, 5000, 10,000, 20,000, 50,000 colones.

Costa Rican colón and the currency of peso

Peso was originally the name of Spanish dollar (also known as the piece of eight or the eight-real coin) which was issued by Spain and minted in the Spanish Empire. Hence, Peso was used or still being used by many nations which were the former Spanish colonies.