The weird thing is, their currency is punishing the usd and all other currencies that interact with them, Mexico, Colombia, Canada, the Euro, you name it.
Before I retired, I was in finance, and have a little knowledge of how all this works, and at 680 and climbing, it made sense, now it fell to apx 620, even lower and hovering.
I am baffled and so is everyone else I've spoken with. I can't find any explanation all over the internet, they dropped in less than two months apx. 60 bp, costing me a good $300 or so a month and I'm just a middle income monger.
If CR implodes (unlikely, they always find someone to bankroll them, maybe China, they wouldn't mind annoying us in our underbelly and already are cozy here...) there's always Granada, Nicaragua.
A couple friends just moved there, said it costs 1/2 to 2/3rds max what CR costs, girls visit them for $20, all with great attitudes, and they scored a 3/3 with small pool and a/c in bedrooms, ceiling fans in all other rooms, $600 a month nice section of town by restaurants bars and shopping and very clean, very safe, no thugs, and we're from Florida so we don't consider Nicaragua "hot"...it's "warm" to us...
They say old commie Ortega rallies with komrads in the day, and is shaking hands and inviting gringos in with money at night...