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Costa rican Money exchange

Old Apr 14th, 2011, 10:09 AM
Original Poster
Join Date: Mar 2011
Posts: 17
Costa rican Money exchange

I am planning to have some colones and some us dollars. Where is it better to get the exchange rate for colones? Here in Toronto, Canada or in San jose?
gregtdot is offline  
Old Apr 14th, 2011, 11:24 AM
Join Date: Apr 2004
Posts: 5,541
A bank in San Jose would be your best bet. There is a Scotia bank very close by, among others. Don't use the exchange at the airport, awful rates.
tully is offline  
Old Apr 14th, 2011, 11:27 AM
Join Date: Mar 2005
Posts: 470
DO NOT exchange money at the official looking currency exchange in baggage claim! The commission they charge is an outrageous rip off. Period.

Your US money spends well here. Just bring small bills, and make sure they are in good condition. The one hundred dollar bill is the most counterfeited in the world, and is always viewed with suspicion. Don’t bring anything larger than a twenty.

You will probably want to use local currency. It is just easier. Your hotel can usually change a small amount of money for you. But they are not a bank, so they don’t keep a lot of cash on hand. You can also get money from an ATM. They usually give the best exchange rate. Most big international networks (Pulse, Cirrus, Maestro, etc.) are in use here. But not at every bank. So when you find one that works, make note of the bank name for future reference.

Stash some US money for the last day of your trip. Costa Rican colons are hard to exchange back home, and you will get murdered on the exchange rate. You want to spend all your colons, and live on US dollars at the end of your stay.

If you are going to be using a credit card, it is a good idea to let your provider know. They will often turn a card off when they start seeing a bunch of foreign charges. A quick call today can save a hassle and expensive international call later.

Hope this helps! Let me know if I can offer more advice.

Warm Regards,
Pat Hewitt
(Travel professional)
Pat_Hewitt is offline  
Old Apr 14th, 2011, 11:27 AM
Join Date: Mar 2005
Posts: 470
Hi Tully!

Guess we were both posting at the same time.

Pat_Hewitt is offline  
Old Apr 14th, 2011, 02:35 PM
Join Date: Apr 2004
Posts: 5,541
Hi Pat! Long time no see. Great advice, much more in-depth, good to see you around - stay a while
tully is offline  
Old Apr 14th, 2011, 08:45 PM
Join Date: Mar 2005
Posts: 470
Thanks Tully! It is good to be back.

I have been absent for good reason. The economy has been improving, and people are buying luxury items, like travel to our favorite country! So we have been quite busy.

It's a good thing, but it has kept me from doing some of the fun pursuits. I have always enjoyed the Fodor's community. So I am making an effort to show up more often.

Thanks for the kind words.


Pat Hewitt
Pat_Hewitt is offline  
Old Apr 16th, 2011, 01:43 AM
Join Date: Apr 2011
Posts: 55
Just use dollars and plant in your head 5,000 colones is ten bucks.Close enough.
Nothing bigger than a $20.
Arenalbotanical is offline  
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