Costa Rica’s official currency is the colón, or colónes in plural. Exchange rate fluctuates between 500 to 580 colones to a dollar in recent years (2006-2009). However, U.S. dollars are widely accepted...
Costa Rica’s official currency is the colón, or colónes in plural. Exchange rate fluctuates between 500 to 580 colones to a dollar in recent years (2006-2009). However, U.S. dollars are widely accepted and some travelers may never need to change money, especially those who use a credit card. If you ever have to pay someone with U.S. dollars, be prepared to accept the change in colones. Also, it is advisable to carry some colones if you plan to visit outside the main tourism destinations.
The best place to change money is at one of the two largest state banks, Banco Nacional (BN) and Banco de Costa Rica (BCR); they are conveniently located everywhere, even in small towns. They usually offer better exchange rate than the private banks such as BAC, Scotia, Banex and Cuscatlan, who are also harder to find since they have fewer branch offices around the country. The most convenient way to get some money changed immediately after arrival is to head for the BN branch located at the airport arrival terminal; although the buying rate is slightly lower than the banks outside. Remember that you must show your original passport to exchange money - photocopy is not accepted.