Costa Rica - 10 Colones - P-229 - 1962 dated Foreign Paper Money

10 Colones, P-229. Rare! The colón is the currency of Costa Rica. It was named after Christopher Columbus, known as Cristóbal Colón in Spanish. A colón is divided into one hundred céntimos.

The colón was introduced in 1896, replacing the peso at par. The colón is divided into 100 centimos, although, between 1917 and 1919, coins were issued using the name centavo for the 1/100 subunit of the colón. Colones 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 within a band allowed by the Costa Rican central bank since then. Read more at https://en.wikipedia.org/wiki/Costa_Rican_col%C3%B3n