Euro: opening rate today March 6 in Costa Rica

After the opening of the stock market euro is quoted today at 596.31 Costa Rican settlers on averagewhich represents a variation of 0% compared to the 596.29 Costa Rican settlers on average the day before.

If we consider the data of the last seven days, the euro record an increase of 3.19%; However, last year there is still a decrease in 14.48%.

Compared to the variations of this day compared to the previous days, it connects two consecutive sessions on the rise. As for the volatility of the last few days, it is lower than that accumulated last year, so we can say that it is going through a period of greater stability lately.

He Colon from Costa Ricanamed after 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 began to use the real to later opt for the peso. It was not until 1986 that the use of the colon as legal tender was determined .

Note that today 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 known as “una teja”, the 1000 bills are known as “un rojo” and the 5000 colones as “un toucan”, this in because of the images that were previously printed on silver. Upside down.

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

The latest forecast made by the Economic Commission for Latin America and the Caribbean (Cepal) at the end of last year, 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%).

As for 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%).