Exchanging Money in Costa Rica: What You Need to Know

Exchanging Money in Costa Rica: What You Need to Know

Where to exchange money in Costa Rica?
Learn about Costa Rica's currency, exchanging money, using ATMs, and tips for getting the best exchange rates while planning your trip to this beautiful country.

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Learning Center > Costa Rica FAQ

When planning a trip to Costa Rica, it is important to familiarize yourself with the local currency. Costa Rica's currency is the colón (plural = colones). One colón is equal to 100 centimos.

Cash is still the most common form of payment in Costa Rica, so exchanging your money is a must. ATMs are widely available throughout the country and can be used to withdraw local currency. It's best to use the larger bank ATMs if possible.

When exchanging money, it is important to compare rates between different exchange outlets. Exchange rates vary widely and it is possible to find a good rate if you shop around.

When exchanging money, it is important to be aware of the transaction fees. Banks and exchange booths often charge a commission, typically ranging from 1-4%.

In Costa Rica, it is also possible to use US dollars. Many restaurants, hotels, and shops accept US dollars, though they may not offer the best exchange rates.

No matter which currency you use, it is important to plan ahead. Speak to a travel expert at Lokal Travel to make sure you have the right amount of cash to make the most of your trip to Costa Rica. Our in-country experts can help you get the best exchange rates and find the right experiences to meet your needs for your trip.

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