Convert New Taiwan Dollar to Costa Rican Colón
Please provide values below to convert New Taiwan Dollar [TWD] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Costa Rican Colón
1 TWD = 0.0582269194162437 CRC
Example: convert 15 TWD to CRC:
15 TWD = 15 × 0.0582269194162437 CRC = 0.873403791243655 CRC
New Taiwan Dollar to Costa Rican Colón Conversion Table
| New Taiwan Dollar | Costa Rican Colón |
|---|
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.