Template:POTD/2019-03-08

Picture of the day

The Costa Rican colón is the national currency of Costa Rica; it replaced the Costa Rican peso at par in 1896. It is named after Christopher Columbus, who is known as Cristóbal Colón in Spanish. Colóns were issued by a variety of banks in the first half of the twentieth century, but since 1951 have been produced solely by the Central Bank of Costa Rica. The currency was subject to a crawling peg against the United States dollar from 2006 to 2015, but has been floating since then.

This picture shows an 1897 coin with a value of 20 colones. The coin shows the Costa Rican coat of arms on the obverse and a profile of Columbus on the reverse.