Costa Rica, officially known as Republic of Costa Rica is a country in Central America. Official language of Costa Rica is Spanish and currency is Costa Rican Colon (CRC). But remittances can also be sent to Costa Rica in US Dollar (USD) or Euro (EUR).
When sending money to Costa Rica, one will get many options for sending money in CRC, EUR or USD currency. The choice of a money transfer service should be made considering the exchange rate, remittance fee and transfer time.
You can explore and compare the money transfer services to transfer money to Costa Rica, side-by-side on a unified platform called ExchangeRateIQ. You can also get reviews of money transfer operators along with their ongoing offers. This will help you save time and money in sending remittances to Costa Rica.
Current Exchange Rate(Mid Market) :- 570.5411 CRC/USD
is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
- Selling exchange rate - at which sellers are willing to sell a particular currency and
- Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.