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Costa Rican Colon (CRC)
The Costa Rican Colon is the official currency of Costa Rica, abbreviated as CRC in forex markets. It is named after Christopher Columbus (Cristobal Colon in Spanish) and operates under a managed float exchange rate system.
Example
“The Costa Rican Colon strengthened against the US dollar after the central bank intervened in the forex market to curb excessive depreciation pressure.”