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Cariden
PostPosted: Wed Jul 16, 2008 11:12 am 
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i will be in costa rica for october, so buy your colones now as i am sure there value will be down when i am there.. h :twisted:
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Georgee
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PostPosted: Wed Jul 16, 2008 11:37 am 
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I guess it is going to stay like this for some time, at 572.49 the Central Bank is supposed to intervene.
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Puro Party
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PostPosted: Wed Jul 16, 2008 10:14 pm 
PHD From Del Rey University!
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Location: Sex Felony State (most other places p4p is just a regular daily activity!)
daayam, I'm comin up with 545. Hope it stays or better for this weekend's trip! :P :?:
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Georgee
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PostPosted: Thu Jul 17, 2008 10:12 am 
Ticas ask me for advice!

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Yesterday the Central Bank set the new band high at ¢555.37 and low at ¢500.
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Zebra
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PostPosted: Thu Jul 17, 2008 11:36 am 
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Exchange rate was 546 this morning at bank in INS BUILDING.

I got about 12,000 more colones on $400 this morning [7/17] than what I did 2 weeks ago.

Zebra
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JazzboCR
 Post subject: re:colones plunge
PostPosted: Thu Jul 17, 2008 11:56 am 
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This is all fascinating in a morbid kind of way to watch at a distance, but the question arises--Are shopkeepers, bars, and other, er, merchants adjusting their prices as rapidly as the colon is plunging? I have a mental picture of the Del Rey chicas walking around with signboards or those changeable signs gas stations use. Serious subject, jocular approach.

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Seabee
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PostPosted: Thu Jul 17, 2008 12:27 pm 
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Zebra wrote:
Exchange rate was 546 this morning at bank in INS BUILDING.
Zebra

What is it at Colonial right now? Its where I usually exchange.

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Dulcedeleche
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PostPosted: Thu Jul 17, 2008 7:43 pm 
Not a Newbie I just don't post much!
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Srilm brings up a great point. If you can negotiate payment to chicas in colones based on an exchange rate of 500 to 1 (kind of the rule of thumb for some time for a simple exchange rate ratio I believe), then obviously, it is advantageous to do so. But if they are expecting full value on the current exchange rate, it doesn't really matter does it?

Who has more insight to how that seems to be working over the last couple of weeks?
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CRgringo
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PostPosted: Fri Jul 18, 2008 6:20 pm 
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Joined: Wed Sep 05, 2007 8:32 am
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The exchange rate has been going up quickly over the last couple weeks and as of today its 547c - $1. If you find a chica to take colones (most will) you'll save yourself $8 for a cien chica.
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JazzboCR
 Post subject: re: colones
PostPosted: Sat Jul 19, 2008 11:57 am 
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Location: NFM--Geezers, cowpokes and the working poor--yeeha!
And you might want to stay in CR 'til 1/22/09 or whenever the Israelis take out completely the Iranian nuclear facilities and most of the mullahs. It's gonna get real ugly, especially if they even partially fail.

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