Convert 550 Indian Rupee (INR) to Costa Rican Colon (CRC)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Indian Rupee (INR) to Costa Rican Colon (CRC) , a table containing most common conversions and a chart with the pair's evolution.
The Indian Rupee (INR) to Costa Rican Colon (CRC) 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 online and offline.
The currency exchange rate, calculated between Indian Rupee and Costa Rican Colon on 11/21/2024 is 1 INR = 6.0196 CRC - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.
About Costa Rican Colon (CRC)
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.
