Topic review |
Posted: Thu 7:47, 26 May 2011 Post subject: Costa Rica Colones Vs Us Dollar | |
the past, the Costa Rican colon lost amount in relation to the greenback by the rate of 3.294 colones per month. Last year, weakness in the US greenback and the faith namely the colon was highly undervalued led to a revision in the course that the colon was valued next to the US USD. As of October 16, 2006, the Costa Rican colon has been valued at approximately 517 colones per US dollar.
The colon is alike to the US dollar in that it is divided into 1/100 or centimos. Costa Rica likewise uses a array of coins and bank memoranda or paper money to represent another amounts of currency. A important difference between the 2 currencies, whereas,jordan melo m5, is that always of Costa Rica’s coins represent a whole amount of colones. For example: A US quarter represents ? of a dollar, but the smallest colon coin represents 5 entire colones. This is for all of the coins that valued at fragments of the colon were rendered obsolete along the Central Bank and taken out of propagation. Here is a list of the coins and bank notes currently creature looped in Costa Rica: ? 5 colones coin ? 10 colones coin ? 20 colones coin ? 25 colones coin ? 50 colones coin ? 100 colones coin ? 500 colones coin ? 1,000 colones bank note ? 2,jordan accolades premier,000 colones bank note ? 5,000 colones bank note ? 10,000 colones bank note To ascertain out the interchange rate of the Costa Rican colon in relation to additional currencies accustomed throughout the world retard out the lawful annual commute rates issued by major financial traditions. by David Lovendahl, Costa Vista Marketing |