Monday 18 October 2021

Costa Rica Is Going Totally Plastic, Moneywise That Is

New ¢1,000 and ¢ 0,000 bills will begin circulation on October 15 The previous banknotes, printed on cotton substrate will be withdrawn in 2022

Paying the bills

Latest

October 1976: First time a 747 lands in Costa Rica

FINCA PARAISO - On October 12, 1976, a Boeing...

Guide to mail order brides: best countries, how to find, tips & tricks

Have you ever thought about mail-order brides? What does...

Best Gold IRA Companies

Gold IRA companies allow you to invest your hard-earned...

Vaccination for persons with tourist status in Costa Rica now until October 28

QCOSTARICA - The Caja Costarricense de Seguro Social (CCSS)...

Who are the real money launderers in Nicaragua?

TODAY NICARAGUA – A large segment of the accusations...

El Salvador: Thousands march against President Nayib Bukele

Q24N (DW) Thousands of protesters took to the streets...

The profound rejection of Ortega

QCOSTARICA - In an editorial by La Nacion published...
Paying the bills

Share

QCOSTARICA – The Old ¢20,000 bills, made from cotton substrate, will lose their value from January 1, 2022, the Central Bank reported. Only the polymer-based 20K banknotes will continue in circulation.

New ¢1,000 colones bill to be in circulation starting October 15

Also, as of March 1, 2022, the ¢5,000 bills issued on cotton paper will also lose their value, while the ¢2,000 bills will do so on May 1.

- Advertisement -

New ¢10,000 colones bill to be in circulation starting October 15

The Central Bank of Costa Rica announced Friday that it will put into circulation, starting October 15, the new ¢1,000 and ¢10,000 banknotes, printed on a polymer substrate (a material similar to plastic).

With this, the five denominations – ¢1,000, ¢2,000, ¢5,000, ¢10,000 and ¢20,000 – that make up the banknote family will circulate on the polymer substrate.

The current cotton paper ¢1,000 and ¢10,000 bills will continue to exist and be legal tender as a means of payment until the date that the Central Bank establishes otherwise.

Not to worry, the old banknotes, though out of circulation and cannot be used as legal tender for payment, are not lost, they can be exchanged at their face value at the Central Bank offices in downtown San Jose.

- Advertisement -

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"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

Dollar exchange rate to skyrocket to record figures in the last quarter

QCOSTARICA - If you have debts in U.S. dollars, or are...

Get to know the official coin that commemorates the Bicentennial

QCOSTARICA - With 5 million coins that can be used regularly...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

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.