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2017
18
June
What currency should I take to Costa Rica and where is the best place to buy it?

Question:

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Ibolya

Hi, Any suggestions what currency to take to Costa Rica and where is it best to buy it.? I was told the banks are the best way to go. Thanks.

Humans say...

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Kristen

Buy colón at calfornex in Chinook. However lots of atms and banks there too. Super easy to take out from atm of you need more.

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Kristen

I’ve been at two different banks where the teller also recommended calfornex. Better rates, more currency types

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Lorelei

There is a calforex downtown too. Banks are never the best option and often you have to order in advance.

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Ibolya

Lorelei that is what i was told that i'm paying extra for the convenience at calforex

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Ibolya

What kind of card you used? Visa, master, or debit?

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Kristen

Ibolya nah not in my experience.

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Kristen

Ibolya used cibc debit card there. Also had a royal bank one with me.

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Ibolya

Thank you Never used US $ there?

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Lorelei

I have actually tested this. I went to my bank CIBC in the Bow building, asked the rate for $1000USD and then walked over to calforex and saved $30 including their fee. And CIBC adds 2.5% if you use a credit card or debit card and then their higher FX rate,

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Bailey

you can use US dollars but I recommend using colones(sp?)

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Kristen

Ibolya we always Travel with some USD but why exchange currencies twice. Especially with our exchange to USD right now. If you do take USD, take small bills. We were just in Mexico a week ago and due to trump they are not very willing to take USD. They preferred CAD if you didn’t have pesos. I know CR isnt in his sights like Mexico and the wall is but still. Local currency is always best

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Ibolya

How did you carry all the colones about. Was it safe ?

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Kristen

Ibolya had a waist belt. Both wore some money. Then in our wallets. Don’t take anything to the beaches that you wouldn’t want stolen. I had $3 old navy flip flops stolen. Just use common sense. It’s quite touristy there.

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Jo

Depending on where you’re going down there, USD is extremely accepted as well. Just a matter of keeping an eye on the CAD/USD exchange rate
We’ve been down there twice now and haven’t had any issues. They’ll exchange to colones as change for bigger bills if they don’t have USD

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Ibolya

Kristen The hotel safekeeping is safe for beach days?

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Kristen

Ibolya most likely. We stayed in hostels and left extra cash in our room. You can also buy those water proof bags to take to the beach, wear in the water. I had large pro cameras and lens with me on surf trips. No issues. Just my cheap flip flops that I thought were safe so I left them to go for a swim.

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Jean

We used our Royal Bank debit card in the ATMs without any problems.

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Ibolya

Kristen Thanks.that is very helpful. Your flip flops must have been extra cute

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Kristen

Ibolya lol: standard black old navy ones. But ya I guess so

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Rumu

Brittany Campbell Indrani Roy

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Stephen

If your a Scotia Bank customer, they have branches and a ATM.

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Corinne

I would never leave cash in hotel or hostel rooms in any country. I agree with using money belts, waterproof containers for your phone, and I add an emergency rain poncho and/or a little umbrella. Take a tiny flashlight as electricity often goes out in Costa Rica. Check out the travel store in Willow park village for all of those things.

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Ev

Usd is accepted widely especially in fortuna. However they will give you change in colones so you'll lose out there for sure.

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Ibolya

Thank you.I appreciate all the info you all shared.

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Carter

ICE or calforex

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Kevin

Check with your airline to see if your departure tax is included with your ticket. Some airlines include it, some don't. It's $29 U.S. per head and they will accept c.c.'s , but only on a cash advance basis. Easier if you have the U.S. $$ on hand. If you use U.S. $$ for local purchases, while accepted in many tourist areas, you will probably get a lousy exchange rate. A lot of places still exchange at 500 to 1 because it's an easy conversion. I just checked the BCR site (Banco de CR) and currently it's 560 compra (buy) and 572 venta (sell).


A.I. says...

AI Profile Pic

Currency in Costa Rica: Which is Best to Take and Where to Buy

Planning a trip to Costa Rica and wondering about the best currency to carry? You've come to the right place! Here's everything you need to know.

The Costa Rican Colón: The Local Currency

The official currency of Costa Rica is the Costa Rican Colón (CRC). While the U.S. Dollar is widely accepted in tourist areas, having some local currency on hand is always a good idea. It's recommended to have a mix of both colones and dollars, especially if you plan to venture off the beaten path.

Where to Buy Costa Rican Colones

There are several options for obtaining Costa Rican colones:

  1. Banks: Exchanging money at banks is generally the best way to get the most favorable exchange rates. Major banks like Banco Nacional and Banco de Costa Rica offer currency exchange services. However, keep in mind that banks in Costa Rica may charge a commission or fee for the exchange.
  2. Currency Exchange Booths: You'll find currency exchange booths at airports, hotels, and other tourist areas. While convenient, these booths often offer less favorable exchange rates and higher fees compared to banks.
  3. ATMs: Withdrawing colones from ATMs is another option, but be aware that your bank may charge a foreign transaction fee or an ATM fee. It's best to check with your bank before traveling.

When to Exchange Money

It's generally recommended to exchange a small amount of money before your trip to cover initial expenses like transportation from the airport. Then, you can exchange more money once you arrive in Costa Rica at a bank or an ATM to get the best exchange rate.

Tips for Exchanging Money

  • Avoid exchanging money at hotels or restaurants, as they often offer the worst exchange rates.
  • Check the exchange rates beforehand to ensure you're getting a fair deal.
  • Always ask about any fees or commissions before exchanging money.
  • Carry a mix of colones and U.S. dollars for flexibility.

By following these tips, you'll be well-prepared to handle currency in Costa Rica and enjoy your trip to the fullest!









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