What is the official currency of the Republic of Costa Rica?
Answer and explanation
Correct answer: A. Costa Rican Colón (CRC)
- Step 1: The Costa Rican Colón was named after Christopher Columbus (Cristóbal Colón in Spanish) and introduced in 1896, replacing the peso.
- Step 2: It is symbolized by ₡ and issued by the Central Bank of Costa Rica.
Answer
Costa Rican Colón (CRC)
Why not the others: 'Panamanian Balboa' is the official currency of Panama; 'Nicaraguan Córdoba' is the currency of Nicaragua; 'Honduran Lempira' is the currency of Honduras.
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