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Best place for currency exchange
https://forum.costaricaticas.com/viewtopic.php?f=4&t=32215
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Author:  Ajspac [ Mon Jan 11, 2010 6:45 pm ]
Post subject:  Best place for currency exchange

When visiting CR we usually have Amex send us colones and charge it to our CC prior to going, we do not have that luxury do to time this trip.
what is you rbest advice for exchange services either in South Florida (leaving for CR in a couple of days) or in San Jose itself?

thanks in advance
Tony

Author:  Juilliano [ Mon Jan 11, 2010 7:11 pm ]
Post subject: 

I always use the bank on the departures on the second floor.

Author:  Irish Drifter [ Mon Jan 11, 2010 8:09 pm ]
Post subject:  Re: Best place for currency exchange

Ajspac wrote:
When visiting CR we usually have Amex send us colones and charge it to our CC prior to going, we do not have that luxury do to time this trip.
what is you rbest advice for exchange services either in South Florida (leaving for CR in a couple of days) or in San Jose itself?

thanks in advance
Tony


DO NOT exchange in SoFla either at AMEX. your bank, exchange at the airport in SoFla or the exchange at the San Jose airport. You will get a lousy rate of exchange at any of those.

You can go to the second floor (departure level) at SJO and exchange at the bank there as has been suggested. If you do not want to trex upstairs use one of the ATM's in baggage claim to draw out some colones.

Author:  Jamrock60 [ Tue Jan 12, 2010 9:31 am ]
Post subject: 

Juilliano wrote:
I always use the bank on the departures on the second floor.


Me too I find the rate here very good...

Author:  Wallbanger [ Tue Jan 12, 2010 9:01 pm ]
Post subject:  places to exchange USD for Colones

I've had good luck at the cashiers cage at the colonial casino next to the Del Rey and the Sleep Inn. Their rates seemed VERY competative and never a problem changing out $100 USD bills.

http://www.sleepinnsanjose.com/casino_colonial.html

Good luck

Author:  Steven1 [ Tue Jan 12, 2010 9:48 pm ]
Post subject: 

The web link below tracks ALL exchange rates for Costa Rican banks and other "financial institutions" on a daily basis. Suggestion: The search engine on the web site usually works pretty well. Conclusion: Lazy poster..... :P :P 8)


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

Author:  Paco [ Wed Jan 13, 2010 8:26 pm ]
Post subject: 

The Colonial gives a decent rate, even though you know you're getting a little screwed no matter where you go.... I went to a CR bank once, only got a little better rate than DR.

Last visit Nov 09, I got around 550-1 at DR. Bank was around 560 I think. Those smaller amounts are acceptable losses...

Author:  Dreamcarnarvon [ Fri Jan 15, 2010 10:20 am ]
Post subject: 

Jamrock60 wrote:
Juilliano wrote:
I always use the bank on the departures on the second floor.


Me too I find the rate here very good...


Really?? i thought money exchange facilities at airports usually have the worst exchange rates.

if this is true at SJO, do u suggest exchanging all of my money at that bank once i arrive?

Author:  Bktuna [ Fri Jan 15, 2010 10:57 am ]
Post subject: 

You are staying with us at the Dunn Inn. We exchange currency for guests at the daily bank rate with no haircut. (This is for guests only).
Restaurant and bar patrons are given the same exchange.

BKTUNA/Boyd
I am never going home

Author:  Irish Drifter [ Fri Jan 15, 2010 11:44 am ]
Post subject: 

dreamcarnarvon wrote:
Really?? i thought money exchange facilities at airports usually have the worst exchange rates.

if this is true at SJO, do u suggest exchanging all of my money at that bank once i arrive?


You are basically correct in your statement that money exchange facilities have the worst rate. That is also the case at SJO.

The money exchange facility is located in the baggage claim area avoid it like the plague. However, the previous posters were referring to the bank located on the upper floor in the ticket counter area. That facility gives the normal bank rate.

No need to exchange all your money unless you want to. Just exchange like a $50.00 or 100 to pay expenses while you settle in and then use a bank near your hotel to exchange more as needed.

Author:  Ilv4play [ Wed Jan 20, 2010 12:31 am ]
Post subject: 

We got to SJ Jan 8th the current exchange rate was 548 to 1 at the airport in SJ they were offering 513 to 1 checked into El Presidente and posted on the wall they were offering 555 to 1. Needless to say I exchanged 1000.00 when I checked in. You need to be staying there to get excange rate and there was no limit on the amount.

Author:  Beconn reconn [ Sun Jan 31, 2010 11:51 pm ]
Post subject:  Re: Best place for currency exchange

Del Rey had the worst rate of anywhere I saw on my trip, but that is likely because their rate was posted on a pretty old looking piece of paper taped to the wall which doesnt change daily like the banks do. You might be able to arbitrage this to find the best rate to buy, but the Del Rey's spreads were huge (like 520 to buy 570 to sell). The bank was 570 to buy, and only one or two colones higher to sell.

Best advice i'd give ya is check the internet the day you leave to know what the rate should be (google "USD to CRC"), then compare that to what you find at various places your first day. Rate fluctuates pretty significantly, going from 577 down to 548 in the past two weeks. Adds up to about $5 diff per $100.

Author:  Special K [ Tue Feb 02, 2010 3:54 am ]
Post subject:  Re: Best place for currency exchange

This past weekend I got the following rates when exchanging USD to C

La Amistad: between 543 -548, when I left today it was 547

Sportsmen: 540 all week

Colonial Casino: 550

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