Opening value of the euro in Costa Rica this August 15 from EUR to CRC

After the stock market opening the euro It is paid at the beginning of today to 685.02 Costa Rican colones on averageso that it represented a change of 1.14% compared to the price of the previous day, when it ended with 677.31 Costa Rican colones on average.

In relation to the last seven days, the euro recorded a rise in 2.27% although, on the contrary, in the last year it still maintains a decrease in 4.24%. With respect to previous days, it accumulates four consecutive dates in positive digits. In the last week, volatility was 8.11%, which is clearly lower than the annual volatility figure (16.7%), which indicates that we can say that it is going through a period of greater stability recently.

Costa Rican currency

The Costa Rican Colonnamed in honor of the figure of Christopher Columbus, is the legal currency in Costa Rica that is also divided into 100 equal parts called cents.

As of its independence, in 1821, the country abandoned the use of the Spanish currency and began to use the real to later opt for the peso, however, it was not until 1986 that the use of the colon was determined as legal currency.

It should be noted that today the current 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 Before there were 1 and 2 colones, but these were withdrawn by the Central Bank of Costa Rica and they no longer have market value. Regarding bills, there are 1,000, 2,000, 5,000, 10,000, 20,000 and 50,000.

In Costa Rica, the 100 colones coins are also known as “a tile”, the 1000 colones bills are known as “a red” and the 5000 colones as “a toucan”, this due to the images that were previously printed on the money. to the reverse

According to the Central Bank, the economy closed 2021 with a growth of 7.6 percent, becoming the highest rate of increase since 2008. It was also above all forecasts.

On the other hand, the agency also forecasts that Costa Rican production will show improvements of 5.4 percent by 2022. However, the country will also have to deal with poverty of 23% and unemployment of 14 percent.

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