Exchange Rate Summary

Fluctuations in Exchange Rate

Recent observations of Costa Rica's exchange rate reveal fluctuations that have kept the rates both just above and below the 500 colónes per U.S. dollar mark throughout the past month. Beginning at approximately 500.51 and experiencing minor rises and falls thereafter, the rates showed a slight peak at 502.76 mid-month. From this zenith, a fluctuating decline saw the exchange rate settle closer to the 500 colónes level, with a slight tendency toward depreciation near month-end, bottoming just below 498.65 before moving back to approximately 500.63. Such variability may indicate sensitivity to both domestic and international economic influences, reflective of nuanced macroeconomic shifts affecting currency stability. These trends are crucial for businesses and investors monitoring Costa Rica’s economic landscape, as they point to ongoing adjustments in the balance between supply and demand for foreign currency. The data suggests a landscape reflective of both stability and sensitivity to financial flows, warranting strategic observation and response.