Costa Rican peso
Encyclopedia
The peso was the currency of Costa Rica
between 1850 and 1896. It was initially subdivided into 8 reales and circulated alongside the earlier currency, the real
, until 1864, when Costa Rica decimalized and the peso was subdivided into 100 centavos. The peso was replaced by the colón
at par in 1896
coins were counterstamped and issued as 50 centavo coins in Costa Rica.
In 1865, the government introduced paper money in denominations of 1, 5, 10, 25 and 50 pesos. 2 peso notes were added in 1871.
Costa Rica
Costa Rica , officially the Republic of Costa Rica is a multilingual, multiethnic and multicultural country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west and the Caribbean Sea to the east....
between 1850 and 1896. It was initially subdivided into 8 reales and circulated alongside the earlier currency, the real
Costa Rican real
The real was the currency of Costa Rica until 1850 and continued to circulate until 1864. It had no subdivisions. 16 silver reales equaled 1 gold escudo. The real was replaced by the peso at a rate of 1 peso = 8 reales....
, until 1864, when Costa Rica decimalized and the peso was subdivided into 100 centavos. The peso was replaced by the colón
Costa Rican colón
The colón is the currency of Costa Rica. The plural is colones in Spanish, but English speakers often say colons instead. The ISO 4217 code is CRC....
at par in 1896
Coins
In 1850, silver coins were issued in denominations of , ⅛ and ¼ peso. In 1864, silver coins were introduced in denominations of 25 centavos and 1 peso. These were followed the next year by cupro-nickel ¼ and 1 centavos and silver 5, 10 and 50 centavos, with gold 2, 5 and 10 pesos introduced by 1870. In 1889, Colombian 50 centavoColombian peso
The peso is the currency of Colombia. Its ISO 4217 code is COP and it is also informally abbreviated as COL$. However, the official peso symbol is $. As 20 July 2011, the exchange rate of the Colombian peso is 1750 Colombian pesos to 1 U.S. dollar.-History:The peso has been the currency of Colombia...
coins were counterstamped and issued as 50 centavo coins in Costa Rica.
Banknotes
Private banks issued notes between 1858 and 1896. The first to issue notes was the Banco Nacional de Costa Rica. The first notes were 2 pesos, followed by 10, 20, 25, 50 and 100 pesos. The Banco de Costa Rica issued peso notes between 1895 and 1899, in denominations of 1, 2, 5, 10, 20 and 100 pesos. The Banco de la Union issued notes between 1877 and 1889 for 1, 2, 5, 10, 25, 50 and 100 pesos. The Ferro Carril de Costa Rica (Costa Rican railways) issued notes in 1872 for 10, 25 and 50 centavos, 1, 2 and 5 pesos.In 1865, the government introduced paper money in denominations of 1, 5, 10, 25 and 50 pesos. 2 peso notes were added in 1871.