In the last day the American dollar was negotiated at closing 525.09 Costa Rican colones on averagewhich represented a 3% increase compared to the previous day’s value, when it ended at 509.82 colones.
In reference to the profitability of the last seven days, the American dollar accumulates an increase of 3.04%%; On the other hand, since a year ago it still maintains a drop in 0.12%.
If we compare the data with past days, the meaning of the previous result changed, in which it marked a decrease of 0.21%, showing recently a lack of stability in the result. In the last week the volatility was lower than that accumulated in the last year, so we can say that it is going through a period of greater stability in recent times.
He National Bank of Costa Rica (BCCR) It is expected that by 2024 the “abundance of liquidity” of the dollar will be maintained and it is unlikely to observe marked upward pressure on the exchange rate.
Javier Cortesinvestment strategist at BN Securitiesforesees that the same central bank of the Central American country will continue absorbing the excessive supply of dollars by 2024 and for this reason the appreciation of the national economy should be moderate.
In a global context that is marked by the moderation of inflation and the increase in interest ratesThe economic outlook is positive for the current year, however, there is concern for 2025.
Emmanuel Agüero Quesada, member of the International Center for Economic Policy for Sustainable Development of the National University (CINPE-UNA) assured the Semanario Universidad that there is optimism due to the economic growth that will occur USA in 2023.
He Costa Rican Colonnamed in honor of the figure of Christopher Columbus, is the legal currency in Costa Rica, which is also divided into 100 equal parts called centimos.
Following its independence in 1821, the country abandoned the use of Spanish currency and began using the real and then opted for the peso; however, it was not until 1986 that the use of the colón as legal currency was determined.
It should be noted that currently the current coins in circulation are 5, 10, 25, 50, 100 and 500 colones. Previously, there were 1 and 2 colones, but these were withdrawn by the Central Bank of Costa Rica and they no longer have value in the market. As for the bills, there are 1,000, 2,000, 5,000, 10,000, 20,000 and 50,000.
In Costa Rica, the 100 colone coins are also called “una teja”, the 1000 bills are known as “a red” and the 5000 colones bill is known as “a toucan”, this is due to the images that were previously printed on the money at the time. reverse.
