![]() Because of this, you do not absolutely have to exchange money before traveling to Costa Rica if you already have US dollars. Some restaurant menus even list prices in USD (common in touristic areas). This is because Costa Rica is a touristic country with United States citizens as their main tourists and many American companies have headquarters in Costa Rica.įor this reason, tours and hotels are quoted in USD. Now bills are all made of plastic substrate, cotton bills are no longer accepted in circulation. Interesting fact: The 1000 colones bill (red) has the national animal which is the white-tailed deer. Costa Rican Currency Bills and CoinsĬolones bills come in 1000, 2000, 5000, 10000, 2000. If they give your change back using the 500 to 1 rate, you will be losing money! More on this in a bit. Make sure to always calculate the exchange rate when using USD because some locals may try to pull a fast one with the exchange rate and still use 500 to 1. ![]() This used to work many years ago when the exchange rate was 500 CRC to 1 USD but as you can see, it is no longer close to 500 to 1. Costa Rica money exchange rates change daily due to this reason.ĭon’t get scammed: There are some places that may try to use a 500 to 1 exchange rate. Since 2006, exchange rates posted by the Central Bank are used as a reference. Now in the first quarter of 2023, it is around 530 to 1.Īdditionally, the exchange rate is not the same in every bank or financial institution since the colón is not bound to the Central Bank of Costa Rica devaluations. The first quarter of 2022, it was around 620 to 1. What was the exchange rate yesterday, may not be the rate it is used today. ![]() The Costa Rica currency exchange rate changes constantly and it can change day to day. The Costa Rican currency symbol is ₡, a c with two lines across. The Costa Rica currency is the colon (colones plural), named after Christopher Columbus. **Please check our Costa Rica COVID-19 post for latest information and our tips for Costa Rica COVID-19 Travel** Costa Rica Currency We will go into more details below and we will also talk about how to pay for things if you are Canadian. First thing to know is that US dollars are readily accepted in Costa Rica. Here is all you need to know about handling money in Costa Rica when it comes to local Costa Rican currency, exchanging money and using USD in Costa Rica.
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