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Costa Rica: the final price of the dollar today 23 September from USD to CRC

Due to the high flow of foreign tourism the dollar is one of the most important currencies in Costa Rica.  (Jovani Perez)
Due to the high flow of foreign tourism the dollar is one of the most important currencies in Costa Rica. (Jovani Perez)

On the last day of the American dollars paid at closing 631.55 Costa Rican colonies on averageso that represented a change of 2.37% compared to the previous day’s figure, when it was quoted at 616.90 Costa Rican colonies on average.

For the past seven days, the American dollars record of rise i 0.35%so that in the past year still rising i 0.95%. For the past few days, chained three consecutive days of gains. The volatility of the last seven days clearly outperformed the volatility shown by last year’s data, therefore it represents more variation than the general trend of the value.

Costa Rican currency

The IS Costa Rican Colonnamed in honor of the figure of Christopher Columbus, the legal currency in Costa Rica is also divided into 100 equal parts called cents.

As of its independence, in 1821, the country abandoned the use of Spanish currency and began using the real to later choose the Peso, however, it was not until 1986 that the use of the colonial was determined to be legal currency.

It should be noted that the current coins in circulation are 5, 10, 25, 50, 100 and 500 colonies. Before there were 1 and 2 colonies, but these were withdrawn by the Central Bank of Costa Rica and they no longer have a market value. As for bills, there are 1,000, 2,000, 5,000, 10,000, 20,000 and 50,000.

In Costa Rica, the 100 colon coins are also called “tile”, the 1000 colon bills are called “red” and the 5000 colons are called “toucan”, this is because of the images that were previously printed on the money on the reverse Back.

According to the Central Bank, the economy closed 2021 with a growth of 7.6 percent, becoming the highest rate of increase since 2008. It was also above all forecasts.

On the other hand, the agency also predicts that Costa Rican production will show improvements of 5.4 percent by 2022. However, the country will also have to deal with 23% poverty and 14 percent unemployment.

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