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US dollar to Costa Rican colon exchange rate

Find the best USD/CRC exchange rate for 09 Mar 2021.

Live Rate

= 612.5468

Refreshing in: 60s | Tue, Mar 09, 10:41AM GMT

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Historical Rate chart of USD and CRC

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Updated: 09 Mar 2021 10:41:06 UTC

Looking for the best exchange rate?

There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. What’s best for you might not be best for someone else.

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How can I get the best exchange rate between US dollar and the Costa Rican colon?

To get the best exchange rate between the US dollar and the Costa Rican colon, you should first check the mid-market rate of the currency here on Finder.com. Once you know this rate, you can compare the rate offered by the many online money transfer services to it. Choose the service that offers a rate that is as close as possible to the mid-market rate. Some online money transfer services will even let you transfer money at the real mid-market exchange rate against a small fixed fee.

If you are travelling to Costa Rica, it may be a better idea to bring US dollars in cash with you and exchange some of it once you are in the country. Many travellers report that merchants in Costa Rica often accepts US dollars unofficially, so you may choose to spend some US dollars without exchanging as well. Watch out for the exchange rate you are offered by merchants though. It may not be as good as the one a moneychanger will offer you.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Currency:US Dollar
Currency Symbol:$
Sub unit:cents
Sub unit symbol:c
Bank notes:$1, $5, $10, $20, $50, $100
Coins:1c, 5c, 10c, 25c, 50c

Costa Rican Colon

Costa Rican colón is the official currency of Costa Rica, a country in Central America. The currency is named after Christopher Columbus, known as Cristóbal Colón in Spanish. While the country widely accepts the US dollar, expect to pay with colónes for smaller services.
Currency:Costa Rican Colon
Currency Symbol:
Sub unit:céntimo
Sub unit symbol:c
Bank notes:₡1,000, ₡2,000, ₡5,000, ₡10,000, ₡20,000, ₡50,000
Coins:5c, 10c, 25c, 50c, 100 and ₡500

What affects exchange rates between the US dollar and the Costa Rican colon?

The exchange rate between the US dollar and the Costa Rican colon can be affected by many different factors. The balance of trade between the countries, economic development, interest rates, and political stability are all factors that can affect the exchange rate.

As one of the most developed Central American countries, Costa Rica has enjoyed an impressive GDP growth over the past few years, which has also helped in keeping the exchange rate with the US dollar at a stable level. However, since the beginning of 2016, Costa Rica has faced an increasing public debt burden, which in turn has added pressure on the colon.

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$1 3 - 5 days USD 20.00 597.233 CRC 2,974,221 Western Union sends money online to friends and family in 200+ countries around the world. Show details
$10 Within an hour USD 1.99 600.296 CRC 3,000,285 Special offers like free transfers and better exchange rates available for new customers.
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How does the Costa Rican colon trade against the US dollar historically?

The exchange rate between the US dollar and the Costa Rican colon has over the years been managed under a so-called “crawling peg” system. This meant that although the colon was not tied to the dollar at any specific value, it would weaken at a fixed rate of 3.294 colones per US dollar each month.

This system of controlled devaluation was put on hold in 2006 and the currency was allowed to float freely in the markets. However, it is still managed within a currency band, which is referenced to the US dollar.

In 2008, the exchange rate between the US dollar and Costa Rican colon was at about 500 colones to 1 dollar. By 2009, the value of the colon had dropped sharply, reaching a low of 590 colones to 1 dollar in mid 2009.

The colon has remained fairly stable compared to the US dollar between 2010 and 2014, with the exchange rate remaining around 500 colones to 1 US dollar. In 2014, the colon again experienced a sharp loss in value, reaching a low of 550 colones to 1 US dollar that same year. For the past three years, the exchange rate between US dollars and Costa Rican colon has stabilized at around 560 colones to 1 US dollar.

US Dollar to the Costa Rican Colon for the last 10 days

Feb 27 Feb 28 Mar 01 Mar 02 Mar 03 Mar 04 Mar 05 Mar 06 Mar 07 Mar 08
1 USD = 611.7061 Inverse: 0.0016 611.7061 Inverse: 0.0016 612.2326 Inverse: 0.0016 613.1390 Inverse: 0.0016 612.9627 Inverse: 0.0016 612.2308 Inverse: 0.0016 612.1378 Inverse: 0.0016 612.1378 Inverse: 0.0016 612.1378 Inverse: 0.0016 612.5468 Inverse: 0.0016

US Dollar to the Costa Rican Colon for the last 10 months

May 2020 Jun 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020 Dec 2020 Jan 2021 Feb 2021
1 USD = 567.5746 Inverse: 0.0018 576.4941 Inverse: 0.0017 583.0898 Inverse: 0.0017 591.3473 Inverse: 0.0017 597.2533 Inverse: 0.0017 603.2601 Inverse: 0.0017 612.6304 Inverse: 0.0016 603.8342 Inverse: 0.0017 615.1896 Inverse: 0.0016 612.4958 Inverse: 0.0016

US Dollar to the Costa Rican Colon for the last 10 years

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
1 USD = 495.6989 Inverse: 0.0020 510.2628 Inverse: 0.0020 499.7480 Inverse: 0.0020 552.7988 Inverse: 0.0018 535.0150 Inverse: 0.0019 535.4194 Inverse: 0.0019 562.0908 Inverse: 0.0018 569.8561 Inverse: 0.0018 608.1066 Inverse: 0.0016 573.3193 Inverse: 0.0017

Market rate for common transfer amounts USD to CRC

US Dollars (USD) Costa Rican Colon (CRC)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

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