Convert United States Dollar to Costa Rican Colón
Please provide values below to convert United States Dollar [USD] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to United States Dollar.
How to Convert United States Dollar to Costa Rican Colón
1 USD = 0.00198286802030457 CRC
Example: convert 15 USD to CRC:
15 USD = 15 × 0.00198286802030457 CRC = 0.0297430203045685 CRC
United States Dollar to Costa Rican Colón Conversion Table
| United States Dollar | Costa Rican Colón |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.