Thursday 4 March 2021

Costa Rica Colon The Most Stable Currency In Latin America

201508092250471.MaMNotacolonQCOSTARICA – While devaluations are occurring all around, the Costa Rica Colon, the country’s currency, remains stable with the least variation against the U.S. dollar in the last 12 months.

In August (10) last year, the dollar exchange was ¢545, while today it is ¢541, less than 1% difference.

In general, the countries with the least variation have been those of Central America.

- Advertisement -

Countries that have suffered major changes are Colombia and Brazil, where, in only 12 months, their currencies have lost more than 50% against the U.S. dollar.

Venezuela is not included given the divergence between the official exchange rate and that of the streets.


Costa Rica 545,1 540,8 -0,8%
Guatemala 8,0 7,8 -1,3%
Bolivia 7,1 7,2 1,0%
Nicaragua 26,5 27,5 4,1%
Honduras 21,3 22,3 4,9%
Argentina 8,3 9,2 10,8%
Peru 2,9 3,2 13,4%
Chile 579,4 678,1 17,0%
Uruguay 24,1 29,1 20,8%
Paraguay 4.364,8 5.322,7 21,9%
Mexico 13,2 16,2 23,2%
Brasil 2,3 3,4 51,7%
Colombia 1.890,6 2.911,0 54,0%

From Banco Central ce Costa Rica and OANDA

- Advertisement -

Source: – El colón es la moneda más estable de Latinoamérica

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Torre del Bicentenario: An envisioned project to commemorate Costa Rica’s 200th

QCOSTARICA - To commemorate the Bicentennial of Costa Rica that occurs...

Immigration issues resolution extending “tourist” visas

UPDATED: The DGME confirmed that anyone entering the country on or...


Bukele is on track to obtain a majority in the Congress of El Salvador

Q24N - The Nuevas Ideas (NI) party of President Nayib Bukele and partner Gran Alianza Nacional (GANA) party would obtain at least 56 of...

24 Travelers found with false covid-19 test at San Jose airport

QCOSTARICA - A total of 24 travelers, so far, face problems with the law when discovered trying to leave Costa Rica, through the San...

IMF sets its clear requirements for Costa Rica

QCOSTARICA - The International Monetary Fund (IMF) finally said yes to the loan for almost US$1.78 billion and to the fiscal adjustment commitment proposed...

Greater demand for dollars in OPCs worries the Central Bank

QCOSTARICA - Complementary Pension Operators - Operadoras de Pensiones Complementarias (OPC) -  have become, in recent years, increasingly dollar-thirsty participants in the Costa Rican...

Costa Rica expects to receive $2.5B in international loans

QCOSTARICA - Borrowing its way out of the current financial crisis seems to be objective for the Carlos Alvarado government. Obtaining about US$2.5 billion this...

Travel restrictions in key markets for Costa Rica delay tourism reactivation

QCOSTARICA - The restrictions for travelers imposed by the United States, Canada, Mexico, France, Spain and the United Kingdom, six of the main sources...

South Korea company to conduct Costa Rica rail feasibility study

QCOSTARICA - Korea National Railway (KR) will conduct a feasibility study for the restoration of 98.3km of Costa Rica’s San José-Puntarenas rail line. The study...

Today Costa Rica wakes up to an increase in fuel prices, the third this year

QCOSTARICA - At 12:01 am this Wednesday, fuels will be more expensive, as the third price hike of the year takes effect. The increase in...

Banana growers achieved record exports in the year of the pandemic

QCOSTARICA - Costa Rica's banana growers reached an export record in 2020, despite the impact of the pandemic, shipping fruit in new markets and...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.