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| Colons or Dollars during the curredecline of the Dolla bill? https://forum.costaricaticas.com/viewtopic.php?f=1&t=37139 |
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| Author: | 50strokes [ Mon Mar 21, 2011 2:32 pm ] |
| Post subject: | Colons or Dollars during the curredecline of the Dolla bill? |
Experts feel free to chime in here. Financial Wizards! I know now that US $20 is less than C10,00.00 colones about 9,500 or so. I am no mathematician. Quit Civil Engineering Major in college after attempting to complete Calculus three different semesters! What should I be using on this trip to pay for services provided? Colons or Dollars? fitty 
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| Author: | Orange [ Mon Mar 21, 2011 3:29 pm ] |
| Post subject: | Re: Colons or Dollars during the curredecline of the Dolla b |
50strokes wrote: Experts feel free to chime in here. Financial Wizards! I know now that US $20 is less than C10,00.00 colones about 9,500 or so. Actually, it's ¢9900. (No wonder you couldn't pass Calculus, you can't even do simple math.  )The rate is 494.50 which is basically 500:1. If you want to be precise, if chicas convert using 500:1, it would be better to pay in dollars, but not by much. Let's say you negotiate for $60. If you paid in 30K colones, you'd be paying $60.67. BIG SAVINGS paying in dollars, 67¢ difference. This was a good savings opportunity in 2009 when the rate was almost 600. At 585, if you agreed to paying $60 and she accepted 30K, you were really paying $51.28, almost 15% less. Most chicas didn't know any better and just went with it, the smarter (more hardened?) ones, would call you out on it. |
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| Author: | Purechaos [ Mon Mar 21, 2011 3:33 pm ] |
| Post subject: | Re: Colons or Dollars during the curredecline of the Dolla b |
last month when i was there SL was giving 460 or or 480 (i dont remember exactly) but casino at DR was giving 530 even though rate was less than 500:1 |
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| Author: | Orange [ Mon Mar 21, 2011 3:37 pm ] |
| Post subject: | Re: Colons or Dollars during the curredecline of the Dolla b |
Purechaos wrote: last month when i was there SL was giving 460 or or 480 (i dont remember exactly) but casino at DR was giving 530 even though rate was less than 500:1 That must have been the sell rate, not the buy rate. That was the rate to buy back $1. You had to pay ¢530 to get $1. You must not know the HDR very well. They aren't in the business of giving money away. They charge guys $11 to use the elevator. |
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| Author: | Purechaos [ Mon Mar 21, 2011 3:41 pm ] |
| Post subject: | Re: Colons or Dollars during the curredecline of the Dolla b |
Orange wrote: Purechaos wrote: last month when i was there SL was giving 460 or or 480 (i dont remember exactly) but casino at DR was giving 530 even though rate was less than 500:1 YEEEEAHHHH, OK. That must have been the sell rate, not the buy rate. That was the rate to buy back $1. You had to pay ¢530 to get $1. ok gotcha, you are probably right, i didnt exchange any $ there so i really definetly could have read the sign incorrectly |
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