Q COSTARICA — This Wednesday, the US dollar fell again, reaching a new all-time low since 2007.
According to the Central Bank’s Foreign Exchange Market, the US dollar closed at ¢454.49 in the day’s session.
The peak tourist season is expected to be responsible for flooding the economy with dollars, along with the Central Bank’s high monetary policy rate (MPR) of 3.25%, which attracts investor dollars to our country.
However, Róger Madrigal, president of the Central Bank, believes the US dollar will not remain weak forever and even pointed out that some businesses or individuals could be negatively impacted by the currency’s appreciation.
“Despite the reduction in the exchange rate, the exchange rate risk remains. And the moment the exchange rate reverses, which could happen at any time, then there is a possibility that people without exchange rate hedging will have trouble meeting their obligations,” he stated during a monetary policy meeting of the organization.
The official dollar exchange rate today, Thursday, May 14, 2026, is ¢451.48 for the buy and ¢457.33 for the sell.
At both public and private banks, this morning, the dollar buys for between ¢446 and ¢448.50, while it sells for between ¢460 and ¢466. See here the official Central Bank listing of exchange at banks and financial institutions.