Currency - Costa Rican colon

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Costa Rican colon

The colón (named after Christopher Columbus, known as Cristóbal Colón in Spanish) is the currency of Costa Rica. The plural is colones. The ISO 4217 code is CRC.

The symbol for the colón is a capital letter "C" crossed by two diagonal strokes. The symbol is encoded at and may be typed on many English language Microsoft Windows keyboards using the keystrokes +.

The colón sign is not to be confused with, or with the Ghanaian cedi,. Nonetheless, the commonly available cent symbol '¢' is frequently used locally to designate the colón in price markings and advertisements.

The colón was introduced in 1896, replacing the Costa Rican peso at par. The colón is divided into 100 centimos, although, between 1917 and 1919, coins were issued using the name centavo for the 1/100 subunit of the colón. Colóns were issued by a variety of banks in the first half of the twentieth century, but since 1951 have been produced solely by the Central Bank of Costa Rica. The currency was subject to a crawling peg against the United States dollar from 2006 to 2015, but has been floating since then.

Because the colón replaced the peso at par, there was no immediate need for new coins in 1896. In 1897, gold 2, 5, 10 and 20 colones were issued, followed by silver 50 centimos, and followed by cupro-nickel 2 centimos in 1903 and silver 5 and 10 centimos in 1905. The 5 and 10 centimos bore the initials G.C.R., indicating that they were issues of the government.

Country

Costa rica

Costa Rica (, "rich coast" in Spanish), officially the Republic of Costa Rica ( or ', ), is a country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west, the Caribbean Sea to the east, and Ecuador to the south of Cocos Island.

Costa Rica was sparsely inhabited by indigenous people before it came under Spanish rule in the 16th century. Once a backwater colony, since attaining independence in the 19th century, Costa Rica has become one of the most stable, prosperous, and progressive nations in Latin America. It permanently abolished its army in 1949, becoming the first of a few sovereign nations without a standing army. Costa Rica has consistently been among the top-ranking Latin American countries in the Human Development Index (HDI), placing 62nd in the world as of 2012.

Language

Costa Rican colon (English)  Colón costaricano (Italiano)  Costa Ricaanse colon (Nederlands)  Colón costaricien (Français)  Costa-Rica-Colón (Deutsch)  Colón costa-riquenho (Português)  Коста-риканский колон (Русский)  Colón (Español)  Colón (Polski)  哥斯大黎加科朗 (中文)  Costaricansk colón (Svenska)  コスタリカ・コロン (日本語)  Костариканський колон (Українська)  Костарикански колон (Български)  코스타리카 콜론 (한국어)  Costa Rican colón (Suomi)  Colón Kosta Rika (Bahasa Indonesia)  Kosta Rikos kolonas (Lietuvių)  Kostarický colón (Česky)  Kosta Rika colónu (Türkçe)  Костарикански колон (Српски / Srpski)  Costa Rica-i colón (Magyar)  Kostarikanski kolon (Hrvatski) 
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