CRC to SZL

CRC - Costa Rican Colón ()
SZL - Swazi Lilangeni (E)
1 CRC1 SZL

Currency conversion rates from CRC to SZL

CRCSZL
1 CRC1 SZL
5 CRC5 SZL
10 CRC10 SZL
20 CRC20 SZL
50 CRC50 SZL
100 CRC100 SZL
250 CRC250 SZL
500 CRC500 SZL
1000 CRC1000 SZL
2000 CRC2000 SZL
5000 CRC5000 SZL
10000 CRC10000 SZL
SZLCRC
1 SZL1 CRC
5 SZL5 CRC
10 SZL10 CRC
20 SZL20 CRC
50 SZL50 CRC
100 SZL100 CRC
250 SZL250 CRC
500 SZL500 CRC
1000 SZL1000 CRC
2000 SZL2000 CRC
5000 SZL5000 CRC
10000 SZL10000 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 ()


SZL - Swazi Lilangeni (SZL)

Swazi Lilangeni

The Swaziland Lilangeni is the official currency of Swaziland and is subdivided into 100 cents. The Lilageni is produced by the Central Bank of Swaziland. In 1974, coins of 1, 2, 5, 10, 20 and 50 cents and 1 Lilangeni were issued; the 1 and 2 cent coins were struck in bronze and the others in cupro-nickel.

The Swazi Lilangeni is the currency in Swaziland (SZ, SWZ). The symbol for SZL can be written L, and E. The Swazi Lilangeni is divided into 100 cents. The exchange rate for the Swazi Lilangeni was last updated on May 24, 2019 from Yahoo Finance. The SZL conversion factor has 5 significant digits.

Economy

  • After growing by 3% from 2004 to 2008, the economy in the Swaziland slipped significantly in 2009, primarily due to the effect of the global economic downturn on export-oriented sectors, in particular textiles and wood pulp.
  • Other important factors were ongoing drought and low levels of foreign direct investment (FDI). In 2010, the economy recovered slightly due to a rebound in global demand for sugar and textiles.
  • However, falling receipts from the Southern African Customs Union (SACU) coupled with lower internal revenues limited the government’s ability to implement counter-cyclical measures.
  • In order to control the economic conditions of the previous year, lower interest rates were maintained, similarly to South Africa.

History

  • The Lilangeni was introduced in 1974 to compete with the South-African rand through the Common Monetary Area, to which it remains tied at a one-to-one exchange rate.
  • According to tradition, the present Swazi nation moved south before the 16th century to an area now called Mozambique.
  • After a series of wars with people living in the area of modern Maputo, the Swazis settled in northern Zululand in 1750.

More information about SZL - Swazi Lilangeni (SZL)