• Subscribe by Email!

Enter your email address:

Delivered by FeedBurner


Easy Money!

June 6th, 2010

For many years, the largest currency denomination in Costa Rica was the 10,000 colon bank note (billete). At today’s exchange rate, that is a bit over $18.00.  Thus, carrying just the equivalent of $1,000 required you to carry FIFTY-FIVE  10,000 colon notes… quite  a wad.

That will soon change as the Costa Rica Central Bank, Banco Central de Costa Rica, does a complete do-over of the country’s national currency.

Changes to all bills (including the existing currency!) are drastic. Changes will include not only the standard anti-counterfeiting techniques standard on the Euro and the new US bank notes, but also two new denominations; the 20,000 and 50,000 colon bills. That is a Godsend!  Additionally,  the new bills will come in different widths… from 125 mm to 160 mm… truly important for the visually challenged.

If this topic interests you and you would like a peek at the new bills, read on!

Continue reading »

Subscribe in a reader

Search this Blog