Insidecostarica.com | Costa Rica Daily News and Information

Dollar Keeps Dropping

The US dollar dropped even further against the Costa Rican Colon in trading on Monday, trading at ¢513 for the sell and ¢525 for the buy at Scotiabank, a colon or two higher at other private and state banks.

The Banco Central de Costa Rica (Central Bank) set the reference exchange rate this morning at ¢515.27 (buy) and ¢525.39 (sell) a low that was last see a few years ago.

Click here for an historical look at the exchange from 1983 to present.
(File is 3Mb and may take some time to load on a slow connection).

The Central Bank currently has a floor limit of ¢500 colones and a ceiling of ¢600. Banks and financial institutions cannot trade outside of the low and high band set by the Central Bank.

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