Skip to content
Start free
Free tool

Today's dollar exchange rate in Costa Rica

The selling rate is the one that goes on electronic documents, and it is the one shown large. From the central bank, through the tax authority's official feed.

Loading…

Economic indicators from the Ministry of Finance, which publishes the central bank's rate.

Why the selling rate and not the buying one

When you invoice in dollars, the document carries the amount in dollars and the exchange rate it converts to colones at. That rate is the selling one: the price at which the bank sells dollars to you. It is the higher of the two, and it is the one the tax authority expects to see.

Using the buying rate by accident is not a rounding detail: it changes the VAT base and the income declared on that transaction. The difference between the two is above, and on an invoice of several thousand dollars it is not nothing.

The rate of the day it is issued, not today's

The rate that goes on the document is the one for the day it is issued. If you invoice today for something agreed last week, today's rate applies. And if you issue a document with an earlier date — which only the “offline” situation allows — the rate is that date's, not the rate at the moment you transmitted it.

From Ticuenta

Not looked up and not copied across

You pick the currency and the day's selling rate goes into the document by itself, with the decimal places the rules require.

See how it works

Also in English