www.CostaRicaTicas.com

Pictures of the new Costa Rica bills: http://www.insidecostarica.com/dailynew ... 042802.htm

mh

...The current old bills of ¢1.000, ¢2.000, ¢5.000, and ¢10.000 will be replaced, and two new bills valued at ¢20.000 and ¢50.000 will be introduced...

May want to pick up a new bill in each of the current denomination for your collection.

how about the napkin and asswipe situation?


new currency, asswipe, napkins....kinda the same thing?

I heard it was a special request from the Colombianas at HDR -- you know, to accommodate clients who want to pay in colones.

SR

I heard it was a special request from the Colombianas at HDR -- you know, to accommodate clients who want to pay in colones.

SR

Good luck breaking the 50,000 bill. Many local places (I'm not talking about HDR, SL, or most MP's) can't change 10K now. The pulperias and small mom/pop shops are going to have a hard time breaking the larger bills. Plus, I expect many of them will outright refuse to accept them due to possible counterfitting. These places can't take a 50K hit if they accept a fake bill, so they may err on the side of caution and just not accept them at all.

Good thing for tourists is that we won't have to have a pile of 10k bills when changing only a few hundred dollars.

Good luck breaking the 50,000 bill. Many local places (I'm not talking about HDR, SL, or most MP's) can't change 10K now. The pulperias and small mom/pop shops are going to have a hard time breaking the larger bills.

Once more are into circulation then more will have change.

NYG

Introduction Of New ¢20.000 Note Delayed

The new ¢20.000 colones notes will not be in the streets next Wednesday and had been announced the Banco Central de Costa Rica (BCCR). The delay is due to problems in the process of distribution of the new bills.

The Central Bank had planned on having the bills in circulation on August 11, saying it will be announcing a new release date on Monday.

The bank would not provide any details of the delay, just saying through a spokesperson that it will hold a press conference at 9am Monday on the issue. The 50 mil note would seem to be a disaster waiting to happen.

Excitement among merchants and consumers has not been overwhelming, as many consider the new notes will be difficult to handle, too large of a domination to give or get change.

Anyone who has attempted to make a small purchase or pay for a taxi with or get change for a ¢10.000 colones note can attest to the problems of its acceptance, the ¢20.000 will be even worse.

The Central Bank will be issuing some 30 million notes in the economy.

The Central Bank will be issuing some 30 million notes in the economy.