At the beginning of the day, the euro was paid at the opening to 719.68 Costa Rican colones on average, a rise of 3.26% compared to 696.95 Costa Rican colones on average the previous day.
Over the past seven days, the euro has risen by 3.83%, but year-on-year it still continues to decline by 3.14%. In relation to past days, add four successive sessions in positive digits. In the last week, volatility shows a manifestly higher return than the volatility shown in the last year's data, so that the value undergoes greater alterations than the general trend.
In the annual photo, the euro has even changed by a high of 741.46 Costa Rican colones on average, while its lowest level has been 686.61 Costa Rican colones on average. The euro is closer to its value than to the minimum.
Costa Rican
Colon The Costa Rican colon, named after the figure of Christopher Columbus, is the legal tender in Costa Rica that is also divided into 100 equal parts called cents.
After its independence, in 1821, the country abandoned the use of the Spanish currency and switched to using the real and then opting for the peso, however, it was until 1986 that the use of the colón as a legal currency was determined.
It should be noted that currently the coins in circulation are 5, 10, 25, 50, 100 and 500 colones. Before, there were 1 and 2 colones, but these were withdrawn by the Central Bank of Costa Rica and no longer have market value. As for banknotes, there are 1 000, 2 000, 5 000, 10 000, 20 000 and 50 000.
In Costa Rica the coins of 100 colones are also called “a tile”, the 1000 banknotes are known as “a red” and the 5000 colones as “a toucan”, this due to the images that were previously printed on the money on the back.
According to the Central Bank, the economy closed 2021 with growth of 7.6 percent, becoming the highest rate of increase since 2008. It was also placed above all forecasts.
On the other hand, the agency also expects production in Costa Rica to show improvements of 5.4 percent by 2022. However, the country will also have to deal with poverty of 23% and unemployment of 14%.
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Agencies