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 Post subject: Bring Colones with you
PostPosted: Fri Dec 31, 2010 5:13 pm 
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I found out from my bank here in the US that they will exchange dollars for colones at a very good rate for little / maybe even no fee. I recommend carrying some of both when in CR. I generally pay for stuff in colones, except for chicas.

Anyway, I think the home bank option gives the most economical (and easy) option to get colones.


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PostPosted: Fri Dec 31, 2010 5:28 pm 
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Banks NEVER do anything without a fee :)

However, I am Canadian and our dollar is once again pretty much on par with the USD. I bought $1600 US the other day for $1620 Canadian, and the $20 was pretty much bank fee. I love when our dollar gets strong... made a killing on some Ebay purchases lately as well!


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PostPosted: Fri Dec 31, 2010 5:41 pm 
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did your bank give the rate of c514.00 to the buck


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PostPosted: Fri Dec 31, 2010 10:04 pm 
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PlaneCrazy wrote:
Banks NEVER do anything without a fee :)

However, I am Canadian and our dollar is once again pretty much on par with the USD. I bought $1600 US the other day for $1620 Canadian, and the $20 was pretty much bank fee. I love when our dollar gets strong... made a killing on some Ebay purchases lately as well!

The Canadian dollar was disrespected by the world and especially the US for way too long. It's about time it was at par with the USD. After all, you guys didn't do that which nearly torpedoed the world's economy--a picture of rectitude by comparison. And no phony mortgage interest deduction to artificially inflate home prices either, yet you have an equal or greater % of homeownership.

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PostPosted: Mon Jan 03, 2011 8:16 pm 
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PostPosted: Tue Jan 04, 2011 10:58 am 
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7Costanza wrote:
Anyway, I think the home bank option gives the most economical (and easy) option to get colones.

Easy/Convenient- to a degree (I mean, is it that hard to exchange money in CR? :? )
Economical- I seriously doubt that your US bank will give you anywhere near the current rate. I'm guessing 10% commission/fee, if not more. I would think that you could get a better rate at most CR hotels than you would at a bank in the US.


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PostPosted: Tue Jan 04, 2011 12:26 pm 
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Orange wrote:
7Costanza wrote:
Anyway, I think the home bank option gives the most economical (and easy) option to get colones.

Easy/Convenient- to a degree (I mean, is it that hard to exchange money in CR? :? )
Economical- I seriously doubt that your US bank will give you anywhere near the current rate. I'm guessing 10% commission/fee, if not more. I would think that you could get a better rate at most CR hotels than you would at a bank in the US.



For colones, yes. For US dollars, I got a great rate back home. But the currency exchange raped me at the airport in Toronto for colones. I think it was like 473 colones per Canadian dollar and the cnd dollar was on par with the us dollar that day (or damn close)

Hotel La Amistad has been exchanging USD to colones at a rate of 498 here the last couple of days.


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PostPosted: Mon Jan 31, 2011 5:02 pm 
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7Costanza wrote:
I found out from my bank here in the US that they will exchange dollars for colones at a very good rate for little / maybe even no fee. I recommend carrying some of both when in CR. I generally pay for stuff in colones, except for chicas.

Anyway, I think the home bank option gives the most economical (and easy) option to get colones.


Well, I bank at Bank of America, and they are happy to sell me colones at 452 to a dollar! I think not!! Anyone know what the rate is at currency exchange counter at SJO?


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PostPosted: Mon Jan 31, 2011 5:13 pm 
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A6steve wrote:
Anyone know what the rate is at currency exchange counter at SJO?

The rip off Global Currency exchange is giving under 450.

Go upstairs to the bank. It's 500 even today.

http://indicadoreseconomicos.bccr.fi.cr ... nilla.aspx

Look for Banco BAC San José S.A.


Last edited by Orange on Mon Jan 31, 2011 6:03 pm, edited 1 time in total.

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PostPosted: Mon Jan 31, 2011 5:51 pm 
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A6steve wrote:

Well, I bank at Bank of America, and they are happy to sell me colones at 452 to a dollar! I think not!! Anyone know what the rate is at currency exchange counter at SJO?


The currency exchange is giving 444.82. Banks are about 500.

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PostPosted: Mon Jan 31, 2011 5:52 pm 
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:oops: duplicate post :oops:

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Last edited by Irish Drifter on Mon Jan 31, 2011 6:46 pm, edited 1 time in total.

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PostPosted: Mon Jan 31, 2011 6:22 pm 
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If anyone is worried about a 14 colone difference in exchange rates, you got more to worry about than exchange rates... Just sayin'...

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PostPosted: Tue Feb 01, 2011 10:49 am 
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soon enough we will be exchanging dollars for tiny napkins.....they are printing 100 dollar bills as fast as they can back at the treasury.....the printer machines are wearing out and the employees are working insane overtime hours...no shit!..I wouldn't be thankful my currency was par with the dollar!....


the plan to get out of this debt hole is to inflate out way out and pay back the debt with worthless dollars....

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PostPosted: Tue Feb 01, 2011 11:20 am 
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Muadib wrote:
If anyone is worried about a 14 colone difference in exchange rates, you got more to worry about than exchange rates... Just sayin'...

It's has to do more with not feeling like you got gringo-fucked than it is about losing a few pennies per dollar.


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PostPosted: Tue Feb 01, 2011 1:15 pm 
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Orange wrote:
Muadib wrote:
If anyone is worried about a 14 colone difference in exchange rates, you got more to worry about than exchange rates... Just sayin'...

It's has to do more with not feeling like you got gringo-fucked than it is about losing a few pennies per dollar.


I know the mindset behind it, but the reality is you waste time, energy and peace of mind over a few cents... If you're a cheap fokker, more power to you... Me, I have better things to NOT worry about... :lol:

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