Costa Rican Colon in IMF Special Drawing Rights

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.

XDR IMF Special Drawing Rights

Country of application:
International Monetary Fund

Coin denominations in circulation:
-

Denominations of banknotes in circulation:
-

History reference:
The International Monetary Fund is the leading organization for international cooperation in the monetary and financial sphere. The international monetary background provides short- and medium-term l...oans with a deficit in the balance of payments of the state. The granting of loans is usually accompanied by a set of conditions and recommendations.