CRC to PKR

CRC - Costa Rican Colón ()
PKR - Pakistani Rupee (Rs)
1 CRC1 PKR

Currency conversion rates from CRC to PKR

CRCPKR
1 CRC1 PKR
5 CRC5 PKR
10 CRC10 PKR
20 CRC20 PKR
50 CRC50 PKR
100 CRC100 PKR
250 CRC250 PKR
500 CRC500 PKR
1000 CRC1000 PKR
2000 CRC2000 PKR
5000 CRC5000 PKR
10000 CRC10000 PKR
PKRCRC
1 PKR1 CRC
5 PKR5 CRC
10 PKR10 CRC
20 PKR20 CRC
50 PKR50 CRC
100 PKR100 CRC
250 PKR250 CRC
500 PKR500 CRC
1000 PKR1000 CRC
2000 PKR2000 CRC
5000 PKR5000 CRC
10000 PKR10000 CRC

CRC - Costa Rican Colón ()

Costa Rican Colón

The Costa Rican Colon (CRC) is the currency of Costa Rica. The symbol for the Colon is ₡; the currency is subdivided into 100 centimos. Many places in Costa Rica accept the US Dollar unofficially. The name of the Colon is derived from the Spanish explorer Christopher Columbus (Cristobal Colon in Spanish).

The Costa Rican Colon is the currency in Costa Rica (CR, CRI). The symbol for CRC can be written C. The Costa Rican Colon is divided into 100 centimos. The exchange rate for the Costa Rican Colon was last updated on May 24, 2019 from Yahoo Finance. The CRC conversion factor has 5 significant digits.

Economy

  • Costa Rica’s main income is from agriculture, tourism, and electronics.
  • The service industry accounts for 68% of the country’s GDP.
  • The main industries are textiles, clothing, plastic products, food processing, fertilizer, microprocessors, construction material, and medical equipment.
  • Export products are coffee, bananas, sugar, seafood, medical equipment, ornamental plants, electronics, and pineapples.
  • Import products are consumer goods, petroleum, raw as well as construction materials, and capital equipment.
  • The unemployment rate is 7.8%.
  • GDP growth is currently ~-1%.

History

  • In 1896, the Costa Rican Peso was replaced by the Costa Rican Colon.
  • In 1897, new coins were issued.
  • Between 1917 and 1919, a subunit, the centavo, was introduced at 1/100 of a Colon. The country issued 5 centavos and 10 centavos in place of centimos. During that time 50 centavo coins were minted but never distributed.
  • From 1914 to 1938, the International Bank of Costa Rica issued and distributed 5, 10, 20, 50, and 100 Colones notes. In the same period the National Bank of Costa Rica became the official bank for issuing paper money; they printed notes from 1937 to 1949.
  • During the 1950s the Central Bank of Costa Rica started issuing banknotes.
  • In 1958, the Central Bank added 1,000 colon notes to the range.
  • In 2010, Costa Rican Colon notes were replaced by a new issue.

More information about CRC - Costa Rican Colón ()


PKR - Pakistani Rupee ()

The Pakistani rupee is the currency of Pakistan. The currency code for the rupee is PKR, and it’s written as ‘Rs’ or روپیہ in Urdu. In Pakistan, the rupee is also sometimes spelled ‘rupees’, ‘rupaya’, ‘rupaye’, or ‘rupiyah’. The modern Pakistani rupee was put into circulation following the dissolution of the British Raj in 1947. It is a fiat currency.

The Rupee is the official currency of Pakistan. The currency is managed by the Bank of Pakistan, the main financial institution of the nation.

The Pakistan Rupee is the currency in Pakistan (PK, PAK). The symbol for PKR can be written Rs. The Pakistan Rupee is divided into 100 paisa. The exchange rate for the Pakistan Rupee was last updated on January 31, 2019 from The International Monetary Fund. The PKR conversion factor has 6 significant digits.

Economy

  • The economy of Pakistan has endured decades of domestic political feuds, a fast-growing population, varying levels of overseas investment, and an expensive, ongoing border dispute with India.
  • Significant macroeconomic amendments beginning in 2000, in particular privatizing the banking sector, have helped the economy.
  • In 2005, the World Bank named Pakistan the top reformer in its area and among the top 20 reformers globally.
  • The central financial institution is trying to tighten money policy while still encouraging growth.
  • Recurring international worker remittances are helping to build foreign exchange reserves, however the country faces a growing current account deficit due to the high reliance on imports. The increasing trade deficit could draw down these reserves and slow GDP growth in the near future.

History

  • The word Rupee is from the Sanskrit word rup or rupa, which means silver in most Indo-Aryan dialects.
  • The Pakistani Rupee was put into circulation in 1947, after the nation became independent from British Rule.
  • For some time after independence, Pakistan used Indian cash and banknotes with Pakistan stamped on them.
  • The current cash and banknotes were issued beginning in 1948. (Seems to contradict the second bullet.)
  • Similar to the Indian Rupee, the Pakistan Rupee was originally divided into sixteen annas, each composed of four pice or 12 pie.
  • The Pakistan Rupee was decimalized on January 1, 1961 and partitioned into a hundred pice; the name was changed to pais later the same year.

More information about PKR - Pakistani Rupee ()