Costa Rican Colon in Paraguayan Guarani

CRC Costa Rican Colon

Country of application:
Costa Rica

Coin denominations in circulation:
10, 25, 50, 100 and 500 columns.

Denominations of banknotes in circulation:
1,000, 2,000, 5,000, 10,000, 20,000, 50,000 colones.

History reference:
The currency, named after Christopher Columbus or, in the Spanish manner, Cristobal Colon, came out with a content of 0.7002 grams of pure gold in October 1896. The colon replaced the Costa Rican pes...o and was parity with the US dollar at 2.15:1. The Costa Rican colón was adopted as the national currency in 1896, about 70 years after Costa Rica and its Central American neighbors declared independence from Spain. Colón replaced the Costa Rican peso with a one-to-one exchange rate. The former currency of the peso, a legacy of the colonial era, was divided into eight Spanish reais.

PYG Paraguayan Guarani

Country of application:
Paraguay

Coin denominations in circulation:
50, 100, 500, 1000 Guarani.

Denominations of banknotes in circulation:
2,000, 5,000, 10,000, 20,000, 50,000 and 100,000 Guarani.

History reference:
The Paraguayan Guarani (Guarani) has been the national currency and money of the Republic of Paraguay since 1944. Centimo tokens have not been issued since 1954 and are not used in cash circulation d...ue to their extremely low purchasing power due to chronically high inflation. The name Guarani comes from the eponymous group of Indian peoples living in Paraguay and partly in neighboring states. The origin of the word "Guarani" is still controversial. According to one version, translated from the dialect of the Tupi people, “Guarani” means “warrior”. The term was used by the first Jesuit missionaries to name the Indians who converted to Catholicism. The rights of the emission center belong to the Central Bank of Paraguay, founded in 1952.