Convert 1 Costa Rican Colon (CRC) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 23rd November 2019 ( 23/11/2019 )
Below you will find the latest exchange rate for exchanging Costa Rican Colon (CRC) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Costa Rican Colon (CRC) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency of Costa Rica is the CRC, called the colon, symbolized by the "₡ " sign, and issued in coin denominations of ₡5, ₡10, ₡25, ₡50, ₡100 and ₡500 and banknotes in denominations of ₡1000, ₡2000, ₡5000, ₡10,000, ₡20,000, ₡50,000. The current currency was issued in 2010 and replaced all prior versions. The colónes is subdivided into a fractional currency unit but that unit is not in circulation.
The colones has nicknames in common transactions: One canas is one colones and used for colones transactions under ₡100, "teja" is ₡100 therefore 5 tejas is ₡500, the ₡ 500 bill is called the morado, the ₡ 1000 bill is the "un rojo", the ₡ 5000 bill is the "tucan", and the ₡ 10000 bill is the Ema Gamboa.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.