Exchange Rate in Costa Rica
Costa Rica - Exchange Rate (average of period)The economic panorama likely remained downbeat in Q3 due to the ongoing health crisis. Economic activity contracted at a sharper pace in July–August, while the unemployment rate remained high in the same period. More positively, however, exports recovered and imports fell at a softer pace in Q3. Turning to Q4, further restrictions have been eased, with air borders reopening to all countries on 1 November—without the need for a 14-day quarantine upon arrival nor proof of a negative coronavirus test —aiming to boost tourism and employment in the sector. However, this could lead to an increase in Covid-19 cases, which continued to rise in the country through September and October. In other news, in late October, the government modified the 2021 draft budget to include a 7.5% reduction in primary spending compared to 2020, in an attempt to control public expenditure.
Costa Rica - Exchange Rate (aop) Data
|Exchange Rate (vs USD, aop)||534.6||544.0||567.9||577.2||586.9|
5 years of economic forecasts for more than 30 economic indicators.
Costa Rica Exchange Rate (aop) Chart
Source: Thomson Reuters.
Costa Rica Facts
|Exchange Rate||571.0||-0.57 %||Jan 01|
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February 15, 2021
Economic activity slid 4.7% year-on-year in December (November: -5.3%).
February 5, 2021
Consumer prices increased over the previous month in January, clocking in a 0.18% rise, easing from December’s 0.53% growth.
January 27, 2021
At its meeting on 27 January, the Central Bank of Costa Rica opted to leave the monetary policy rate at its record low of 0.75%, having cut it from 1.25% on 17 June last year.
January 12, 2021
Consumer prices increased over the previous month in December, clocking in a 0.53% rise, notably up from November’s flat reading and marking a 17-month high.
January 12, 2021
Economic activity continued to shrink in November, although at 6.5% year-on-year it is the mildest contraction since March, following October’s 6.6% drop.