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Costa Rica's currency, the Colón, comes in a variety of denominations. The most commonly used notes are the ₡5,000, ₡10,000, and ₡20,000, which are widely accepted in most businesses and tourist areas.
You can spot a ₡5,000 note by its distinctive blue color and image of the National Theater. It's a great note to have when you're making small purchases or paying for a cup of coffee.
The ₡10,000 note is a bit more common, featuring an image of the Pre-Columbian Gold Museum. This note is a good choice for larger purchases or when you need to make a payment that's slightly more substantial.
The ₡20,000 note is the highest denomination and is often used for larger transactions or when making a significant purchase.
Denominations
In 1935, Banco Internacional issued coins in cupro-nickel, featuring denominations of 25 and 50 centimos and 1 colón, which bore the initials B.I.C.R.
These early coins demonstrate the variety of denominations that have been used in Costa Rican currency over the years.
The 1 colón denomination is a notable one, as it's a fundamental unit of currency in Costa Rica.
About
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Denominations are a key aspect of Christianity, with over 45,000 different groups worldwide.
The concept of denominations originated in the 16th century with the Protestant Reformation, which led to the formation of various denominations such as Lutherans and Calvinists.
The Anabaptists, a group that emerged in the 16th century, emphasized adult baptism and rejected infant baptism.
The Baptist denomination, which emerged in the 17th century, also emphasized believer's baptism by immersion.
The Catholic Church, which is the largest Christian denomination, has a long history dating back to the apostles.
The Eastern Orthodox Church, which has a significant presence in Eastern Europe and the Middle East, has a distinct tradition and hierarchy.
2,000
The 2,000 colones banknote has a distinctive blue main color. It's a unique feature that sets it apart from other denominations.
This note features a coral reef on the reverse side, complete with a bull shark, red cushion sea star, and slimy sea plume. It's a fascinating combination of marine life.
Mauro Fernández Acuña, a lawyer and politician, is also featured on the 2,000 colones banknote.
10,000
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The 10,000 colones banknote is a significant denomination in Costa Rica's currency. It features a green main color.
This design element is a deliberate choice, reflecting the country's lush rainforests. The banknote showcases a vibrant rainforest on its reverse side.
A brown-throated sloth, cup fungi, and eriopsis orchid are also prominently displayed on the reverse of the 10,000 colones banknote. These unique elements add to the banknote's visual appeal.
José Figueres Ferrer, Costa Rica's three-time President, is featured prominently on the 10,000 colones banknote. His portrait is an important part of the note's design.
20,000
The 20,000 colones banknote is a vibrant one, featuring an orange color on the front. It's a beautiful design.
On the reverse side, you'll find Paramo, a stunning volcano hummingbird, as well as a sunflower and coffee plants. These images showcase the country's natural beauty.
The observer on this note is Carmen Lyra, the first prominent Costa Rican writer. She's a notable figure in the country's literary history.
An outline of Costa Rica is also featured, giving a sense of the country's geography. Additionally, a rabbit stroking a wolf from her “Cuentos De Mi Tía Panchita” story is depicted, adding a touch of whimsy.
Issues, 1951–Present
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The Anglican Communion has faced significant issues since 1951. The ordination of women as priests in the Church of England in 1994 was a major controversy.
One of the most notable issues was the ordination of women as priests in the Church of England in 1994. This decision was seen as a major departure from traditional practices.
The Anglican Communion has also struggled with the issue of same-sex relationships. The consecration of Gene Robinson as the first openly gay bishop in the Episcopal Church in the United States in 2003 was a significant milestone.
The Anglican Communion has seen a decline in membership in recent years. In 2010, it was estimated that the communion had lost over 10 million members since 1970.
The Anglican Communion has also faced challenges in its relationships with other Christian denominations. The 1998 Lambeth Conference, which brought together bishops from around the world, was notable for its disagreements over issues such as women's ordination and same-sex relationships.
The Anglican Communion has continued to evolve and adapt to changing times. In 2016, the Church of England voted to allow women to become bishops, a decision that was seen as a significant step forward for the communion.
Coins
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The first Costa Rican colón coins were introduced in 1897 and produced in denominations of 2, 5, 10, and 20 colones.
In 1903, silver 50 centimos coins were added, and in 1905, cupro-nickel 2 centimos and silver 5 and 10 centimos coins were introduced, with the letters G.C.R indicating government origin.
Between 1917 and 1919, subunits of the colón were renamed as centavos, rather than centimos, and 5 and 10 centavos coins were issued.
A 50 centavo coin was produced but not released during this time.
The government resumed introducing centimo coins in 1920, starting with 5 and 10 centimos coins, still bearing the letters G.C.R.
In 1923, 25 and 50 centimos coins made from silver came into circulation, doubling the value of the 25 centimos coin from the peso currency.
The International Bank of Costa Rica (B.I.C.R.) began producing cupro-nickel coins in 1935, with various denominations and the letters B.I.C.R. printed on them.
Between 1937 and 1948, the bank also introduced coins with the initials B.N.C.R. printed on them, in denominations of 25 and 50 centimos and one colon.
Since 1951, the Central Bank of Costa Rica has issued coins with B.C.C.R. printed on them, adding 5 and 10 centimos coins to the circulation.
In 2009, the larger silver-colored 5, 10, and 20 colón coins were slowly removed from circulation, replaced with lighter 5 and 10 colón coins and gold-colored coins.
Banknotes
The history of Costa Rican banknotes is a fascinating one, with various denominations and issuers over the years.
The Banco Anglo–Costarricense, established in 1864, issued notes in denominations of 1, 25, 50, and 100 pesos as well as 5, 10, 20, 50, and 100 colones. Some notes were even released in 1963 to commemorate the bank's 100th anniversary.
One of the most interesting facts about Costa Rican banknotes is that some denominations were released with a special seal that said "Muestra sin Valor" or "sample without value", making it harder to find them today.
The Banco de Costa Rica, established in 1890, issued notes in denominations of 1, 2, 5, 10, 20, and 100 pesos as well as 5, 10, 20, 50, and 100 colones. This bank is still state-owned today.
Here's a list of some of the notable banknotes issued by these banks:
The Banco Comercial de Costa Rica also issued notes between 1906 and 1914 in denominations of 5, 10, 20, 50, and 100 colones.
Banknote Reform
In 2011 and 2012, Costa Rica underwent a major banknote reform, replacing the old notes with new ones featuring different colors and sizes. The old notes were redeemed at the Central Bank of Costa Rica.
Two new denominations were introduced: 20,000 and 50,000 colones. The new series was designed to conserve the same themes as the previous series, but with slightly redesigned motifs.
The old notes were eventually withdrawn in 2022, but existing issues of the 50,000-colón note remain legal tender.
1914-1936
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In 1914, the Banco Internacional de Costa Rica introduced notes in denominations of 5, 10, 20, 50, and 100 colones.
The bank added 25 and 50 centimos, 1, and 2 colones to its notes in 1918.
Although 25 centimos were not issued after 1919, the other denominations continued to be issued until 1936.
After 1917, the Banco Internacional's notes were the only ones issued for circulation.
Banknote Reform
In 2011 and 2012, Costa Rica underwent a major banknote reform, introducing a new series of banknotes that replaced the old ones. The new series featured banknotes of different colors and sizes.
Each banknote in the new series had a unique design, and two new denominations were introduced: 20,000 and 50,000 colones. The old notes were still redeemable at the Central Bank of Costa Rica, but they've since been replaced.
The new banknotes were made from a special material called polymer, which helped to conserve natural resources. The old notes were withdrawn in 2022, but existing issues of the 50,000-colón note remain legal tender.
Here's a breakdown of the new denominations introduced in 2011 and 2012:
The redesigned 50,000-colón note was not included in the new series, but existing issues remain legal tender.
Currency Usage
US dollars are widely accepted in Costa Rica, especially in tourist areas, but it's a good idea to carry some local currency with you.
You can exchange USD for colóns at banks, exchange bureaus, or ATMs, but be aware that some vendors may only accept colóns.
The official currency of Costa Rica is the Colón (CRC), which is subdivided into 100 centimos, and the currency's plural form is colones.
Currency Used In
Costa Rica uses the colón as its national currency, named after Christopher Columbus. The plural of colón is colones.
In pre-Columbian times, indigenous populations used valuable materials like jade stones or cocoa beans as currency.
Currency Usage
US dollars are widely accepted in Costa Rica, especially in tourist areas, but it's a good idea to carry some local currency, the Costa Rican colón, with you.
You can exchange US dollars for colóns at banks, exchange bureaus, or ATMs, but be aware that the exchange rate may fluctuate throughout the year.
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The official currency of Costa Rica is the Costa Rican colón, subdivided into 100 centimos, and its plural form is colones.
Some vendors may only accept colóns, so it's essential to have local currency on hand for purchases and tipping.
US dollars are a more stable currency than the colón, but you won't receive change in dollars, even at the airport, so be prepared to receive change in local currency.
It's recommended to exchange money for the best exchange rates, but be aware that some shopkeepers may give you a poor exchange rate, like 500 colóns to the dollar.
Exchanging Currency
You'll need to exchange your money for the local currency, the Costa Rican colón (CRC), when traveling to Costa Rica. The official currency is the Costa Rican colón, subdivided into 100 centimos.
US dollars are widely accepted in Costa Rica, but it's recommended to exchange money for the best exchange rates. You'll get the best exchange rates if you exchange your money in various situations, but the article doesn't specify what those situations are.
Having local currency on hand is important for purchases and tipping, so it's a good idea to exchange some money as soon as you arrive. The currency's plural form is colones.
Cost of Living
Cost of living in Costa Rica is generally lower than in the United States, but specific costs can vary depending on the region and lifestyle.
A meal at an inexpensive restaurant costs around ₡5,000, while a meal at a mid-range restaurant can cost around ₡10,000 to ₡15,000. $20 US can go a long way in Costa Rica, covering the cost of a meal at a local restaurant, a few groceries, or a bus ride.
Transportation costs can add up, especially if you're relying on taxis or private transportation. A one-way ticket on local transport costs around ₡350, while a taxi ride within the city center can cost around ₡3,000 to ₡5,000.
Fees
Fees can add up quickly, so it's essential to be aware of any charges associated with exchanging currency in Costa Rica. Some exchange bureaus and ATMs may have higher fees than others.
Be mindful of credit card fees, as some may charge foreign transaction fees. Check with your bank before using your card in Costa Rica to avoid any surprises.
Shopping around for the best deal on exchange rates and fees can save you money in the long run.
Cost of Living
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Cost of living in Costa Rica is generally lower than in the US, but specific costs can vary depending on the region and lifestyle.
You can enjoy a comfortable life in Costa Rica on a relatively modest budget, with a monthly cost of living for a single person estimated at around $1,360 US dollars as of November 2023.
$20 US can go a long way in Costa Rica, covering the cost of a meal at a local restaurant, a few groceries, or a bus ride.
Transportation costs can add up, especially if you're relying on taxis or private transportation, with a one-way ticket on local transport costing around ₡350 and a taxi ride within the city center costing around ₡3,000 to ₡5,000.
Food prices can vary depending on where you shop and what you buy, with a meal at an inexpensive restaurant costing around ₡5,000 and a meal at a mid-range restaurant costing around ₡10,000 to ₡15,000.
Groceries can cost around ₡50,000 to ₡70,000 per week for a couple if you prefer to cook at home.
A visit to a private doctor typically costs around ₡50,000, but healthcare costs can vary depending on the type of treatment needed.
Frequently Asked Questions
What are the colón notes in Costa Rica?
Costa Rican banknotes are available in denominations of 1000, 2000, 5000, 10000, 20000, and 50000 colones. You can find these notes in circulation throughout the country, displayed with the symbol ₡.
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