Dollar: closing price today February 13 in Costa Rica

During the last day, the American dollar was traded at the close of 571.59 Costa Rican settlers on averagewhich represents a variation of 0.85% compared to the data of the previous day of 576.51 Costa Rican settlers on average.

Compared to last week, the American dollar earn a promotion 3.2%; On the contrary, for a year, it has always maintained a reduction in the 15.04%.

Compared to previous days, it ended five days of positive trend. Last week, volatility was visibly lower than that accumulated over the past year, presenting itself as a value with fewer changes than usual lately.

A diagnosis of the Costa Rican colon

He Colon from Costa Ricanamed in honor of the figure of Christopher Columbus, is legal tender in Costa Rica which is also divided into 100 equal parts called cents.

After its independence, in 1821, the country abandoned the use of Spanish currency and started using the real, later opting for the peso; however, it was not until 1986 that the use of colón was determined as legal tender.

Note that currently the coins currently in circulation are those of 5, 10, 25, 50, 100 and 500 colones. Before there were 1 and 2 settlers, but these were removed by the Central Bank of Costa Rica and they no longer have market value. As for tickets, there are 1,000, 2,000, 5,000, 10,000, 20,000 and 50,000.

In Costa Rica, the 100 colones coins are also called “una teja”, the 1000 bills are known as “un rojo” and the 5000 colones as “un toucan”, this because of the images that were previously printed on the money upside down.

The Costa Rican economy closed 2022 with slowdown in the trend and sharp decline in several sectorsbut with good budgetary results which enabled it to fulfill its commitments with the International Monetary Fund (IMF).

According to the latest forecasts of the Economic Commission for Latin America and the Caribbean (Cepal), after progress made in 2022 after the crisis caused by the coronavirus pandemic, by 2023, a decline or exhaustion of the rebound effect is expected in recovery.

For this year, only 1.3% growth is expected for the region, because result of restrictive monetary policiesgreater limitations on budget spending, lower levels of consumption and investment, weak ability to contain inflation and more.

According to ECLAC forecastsMexico would grow by 1.1% by 2023.

These will be the estimated growths for these nations of South America in 2023: Argentina (1%), Bolivia (3%), Brazil (1%); Chile (-0.9); Colombia (1.9%); Ecuador (2%); Paraguay (4%); Peru (2.2%); Uruguay (3%); Venezuela (5%).

For the domain of central America we have: Costa Rica (2.8%), Cuba (1.8%); El Salvador (1.9%); Guatemala (3.3%); Haiti (0%); Honduras (3.3%); Nicaragua (2.1%); Panama (4.2%); and the Dominican Republic (4.7%).

Finally, the region of Caribbean, the following growth is expected: Antigua and Barbuda (7.8%); Bahamas (4.1%); Barbados (3.5%); Belize (2.0); Dominican (3.5%); Pomegranate (3.6%); Jamaican (3%); Saint Vincent and the Grenadines (3.7%); Saint Lucia (5.9%); Suriname (2.4%); Trinidad and Tobago (2%).