Madorian corona: Difference between revisions

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| date_of_introduction = {{start date|1977|11|01}}
| date_of_introduction = {{start date|1972|11|01}}
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| used_banknotes = ₡100, ₡500, ₡1000
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| printer = Casa de Moneda
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The '''Madorian corona''' ({{wp|Currency symbol|symbol}}: '''₡'''; code: '''MCR'''; also abbreviated '''M₡''' to distinguish it from other corona-denominated currencies), is the official currency of [[Costa Madora]]. It is subdivided into 100 cobres. After successive monetary exchanges, Costa Madora adopted the corona on November 1, 1977, which, combined with the drastic drop in inflation rates, constituted a stable currency for the country. It was implemented during the mandate of President [[Javier Elías Aguados]], under the command of the then Minister of Finance, Miguel Henrique Asalvez, later elected President.
The '''Madorian corona''' ({{wp|Currency symbol|symbol}}: '''₡'''; code: '''MCR'''; also abbreviated '''M₡''' to distinguish it from other corona-denominated currencies), is the official currency of [[Costa Madora]]. It is subdivided into 100 cobres. After successive monetary exchanges, Costa Madora adopted the corona on November 1, 1972, which, combined with the drastic drop in inflation rates, constituted a stable currency for the country. It was implemented by [[President of Costa Madora|President]] [[Javier Elías Aguados]] and the then [[Ministry of Finance (Costa Madora)|Minister of Finance]], [[Miguel Henrique Asalvez]], later elected President.


It is the third-most traded currency in Cunova, after the {{wp|United States dollar|Aurinian dollar}} (AUR$) and the {{wp|Euro|keuris}}.
It is the third-most traded currency in Cunova, after the {{wp|United States dollar|Aurinian dollar}} (AUR$) and the {{wp|Euro|keuris}}.
[[Category:Costa Madora]]
[[Category:Currencies]]

Revision as of 06:09, 17 September 2023

Madorian corona
ISO 4217
CodeMCR
Denominations
Subunit
 ​1100cobre
Symbol₡, M₡
Banknotes₡100, ₡500, ₡1000
 Rarely used₡5000
Coins₡1, ₡5, ₡10, ₡15, ₡25, ₡50
Demographics
Date of introductionNovember 1, 1972 (1972-11-01)
User(s) Costa Madora
Issuance
Central bankBanco Central de Reserva de Madora
PrinterCasa de Moneda
MintCasa de Moneda
Valuation
Inflation2.6% (July 2022)
 SourceOficina Nacional de Estadísticas y Censos

The Madorian corona (symbol: ; code: MCR; also abbreviated M₡ to distinguish it from other corona-denominated currencies), is the official currency of Costa Madora. It is subdivided into 100 cobres. After successive monetary exchanges, Costa Madora adopted the corona on November 1, 1972, which, combined with the drastic drop in inflation rates, constituted a stable currency for the country. It was implemented by President Javier Elías Aguados and the then Minister of Finance, Miguel Henrique Asalvez, later elected President.

It is the third-most traded currency in Cunova, after the Aurinian dollar (AUR$) and the keuris.