CRC information
About Costa Rican Colón (CRC)
The Costa Rican Colón, named after Christopher Columbus (Cristóbal Colón in Spanish), is more than just the currency of Costa Rica; it's a vibrant symbol of the nation's rich cultural heritage and dynamic economy. It is commonly abbreviated as CRC and represented by the symbol ₡. Adopted in 1896, the Colón has been an integral part of Costa Rica’s journey from a primarily agricultural economy to a diverse and burgeoning hub of eco-tourism, technology, and services.
Historical Background
The adoption of the Costa Rican Colón in 1896 marked a significant step in the nation's development, replacing the Costa Rican Peso. This change was part of broader efforts to modernize the economy and solidify national identity in the wake of independence. The Colón has since navigated through various economic phases, mirroring the country's growth and challenges.
Design and Symbolism
Costa Rican banknotes are a canvas of the country's rich biodiversity, culture, and history. They depict a variety of themes, from prominent national figures to endangered species and significant ecosystems, like the rainforest and coral reefs. This imagery not only serves as a daily reminder of the country's environmental wealth but also reinforces its commitment to conservation and sustainability.
The Colón in the Economy
The Costa Rican Colón plays a central role in the nation's economy, which has evolved from reliance on coffee and banana exports to a more diversified portfolio including eco-tourism, technology, and financial services. The currency facilitates all domestic transactions, serving as a vital tool for trade and investment.
Exchange Rate and Economic Stability
The value of the Colón against major currencies, particularly the US Dollar, is a subject of keen interest, given Costa Rica's strong trade and tourism ties with the United States. The Central Bank of Costa Rica employs a managed float exchange rate system, which allows the currency to fluctuate within a range, providing flexibility and stability to the economy.
PHB to CRC conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ₡856.83 | 0.0200% / 0.0320%VIP 7 | |
Binance | ₡853.81 | 0.1000% / 0.1000% | Yes |
Huobi | ₡853.06 | 0.1000% / 0.1000% | Yes |
Gate.io | ₡855.37 | 0.1000% / 0.1000% | Yes |
How to buy Phoenix
Buy PHB (or USDT) for CRC (Costa Rican Colón) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell PHB (or USDT) for CRC (Costa Rican Colón) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Phoenix to Costa Rican Colón?
Phoenix to Costa Rican Colón is falling this week.Conversion tables
The exchange rate of Phoenix is decreasing.PHB to CRC
CRC to PHB
Today vs. 24 hours ago
Amount | 13:00 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PHB | $0.8377 | $0.9334 | -10.26% |
1 PHB | $1.68 | $1.87 | -10.26% |
5 PHB | $8.38 | $9.33 | -10.26% |
10 PHB | $16.75 | $18.67 | -10.26% |
50 PHB | $83.77 | $93.34 | -10.26% |
100 PHB | $167.55 | $186.69 | -10.26% |
500 PHB | $837.73 | $933.43 | -10.26% |
1000 PHB | $1,675.47 | $1,866.87 | -10.26% |
Today vs. 1 month ago
Amount | 13:00 today | 1 month ago | 1M change |
---|---|---|---|
0.5 PHB | $0.8377 | $0.8676 | -3.45% |
1 PHB | $1.68 | $1.74 | -3.45% |
5 PHB | $8.38 | $8.68 | -3.45% |
10 PHB | $16.75 | $17.35 | -3.45% |
50 PHB | $83.77 | $86.76 | -3.45% |
100 PHB | $167.55 | $173.53 | -3.45% |
500 PHB | $837.73 | $867.63 | -3.45% |
1000 PHB | $1,675.47 | $1,735.25 | -3.45% |
Today vs. 1 year ago
Amount | 13:00 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 PHB | $0.8377 | $0.4323 | +93.92% |
1 PHB | $1.68 | $0.8646 | +93.92% |
5 PHB | $8.38 | $4.32 | +93.92% |
10 PHB | $16.75 | $8.65 | +93.92% |
50 PHB | $83.77 | $43.23 | +93.92% |
100 PHB | $167.55 | $86.46 | +93.92% |
500 PHB | $837.73 | $432.29 | +93.92% |
1000 PHB | $1,675.47 | $864.59 | +93.92% |
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