Getting the Best Exchange Rate

Tags banking, currency

When I lived in the United States, I rarely paid in cash. I used credit or debit cards almost exclusively, since they were more convenient and widely accepted. However, in Costa Rica, I use it frequently because cash equals discounts and it's not uncommon to find vendors who don't accept credit cards. Cash is also convenient -- there are three ATMs and four banks within five minutes' walking distance of my house.

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FAQs

Yes, but the exchange rate is not favorable. Try and exchange currency at a local bank. If you must get colones at the airport, exchange the bare minimum and then head to a bank to exchange larger denominations. Airport taxi drivers will accept U.S. dollars. 

Last updated: Oct 22, 2023