I've seen many COBOL programs contain sections with at the end
XX-99.
EXIT.
Many times that paragraph is used to exit the section, for instance with GO TO XX-99. I have read that EXIT is a no-operation, as it doesn't do anything. But the same goes for CONTINUE. One could easily replace EXIT with CONTINUE. Alternatively, one could replace GO TO XX-99 with EXIT SECTION.
Is there any compelling reason to use EXIT rather than CONTINUE? Why was EXIT introduced anyway? Was EXIT introduced before CONTINUE was?
Note: I'm not talking about EXIT in combination with another reserved word, like EXIT PROGRAM or EXIT PERFORM.