HomeNewsCosta Rica Sets July 1 Deadline as Old Small-Change Coins Leave Circulation

Costa Rica Sets July 1 Deadline as Old Small-Change Coins Leave Circulation

Costa Rica’s old-design ₡5, ₡10 and ₡25 coins will stop working as money on July 1, leaving anyone who deals in cash about a week and a half to spend or swap them.

The Central Bank of Costa Rica (BCCR) confirmed that, as of that date, the previous-design versions of those three coins lose their value as a means of payment and will no longer be valid in commercial transactions. Until June 30, they remain legal tender for everyday purchases, from bus fares to street food.

The change does not wipe out the coins’ worth. People holding them can still exchange or deposit them at financial intermediaries across the country, including commercial banks, cooperatives, mutuals and other authorized entities. After July 1, though, shops, markets and other businesses are no longer obligated to accept them.

The ₡5 coin is leaving for good. The Central Bank stopped minting it on January 1, 2020, after determining that its production cost exceeded its face value, and the July cutoff makes that retirement permanent. Once it is gone, the new ₡10 becomes the smallest denomination in circulation.

The old ₡10 and ₡25 coins are being phased out as part of Costa Rica’s “new monetary cone,” an ongoing redesign that has rolled out smaller, easier-to-handle coins. The updated ₡10 is silver-toned and the new ₡25 is gold-toned, both smaller than the versions they replace. To smooth the transition, the BCCR says it has already put 28 million new ₡10 coins and 10 million new ₡25 coins into circulation, with another 115 million ₡10 and 127 million ₡25 held in reserve for release as needed.

What you should do before the deadline is check your change. Anyone handling cash — whether you’re a tourist paying at a market, soda or taxi, or a resident going about daily errands — should look at what they are handed, especially as we get closer to the end of June, to avoid getting stuck with old pieces after the deadline. Sticking to newer coins, bills, cards or the widely used SINPE Móvil mobile-payment system sidesteps the issue entirely. The impact falls hardest on cash-heavy transactions, while card and digital payments are unaffected.

Those with jars of accumulated change — a common sight here in Tico households — can act now by sorting out the old designs and taking them to a bank before the cutoff to avoid last-minute lines. The shift may also prompt minor rounding on some bus fares and retail prices as the smallest coins disappear, though those adjustments are modest.

Figuring out what the coins are worth in dollars is almost beside the point — even ₡25 is a fraction of a U.S. cent at current rates. The BCCR’s reference exchange rate sat near ₡456 to the dollar over the weekend, but anyone relying on a conversion should verify the day’s rate against the Central Bank, as the colón has been volatile in 2026.

Trending Now

Costa Rica Hotel Project Faces Environmental Damage Allegations

A criminal complaint alleges impacts on waterways, protected areas and forest cover at a luxury hotel project in Manuel Antonio, including sediment runoff toward Playa La Vaca. The developer disputes the accusations and says it has complied with environmental requirements.

Costa Rica’s Pensionado Visa Ranks Fourth in Global Retirement Index

Costa Rica's Pensionado visa ranks fourth of 46 retirement programs worldwide on its $1,000 income rule and tax treatment. Paperwork is the weak spot.

Costa Rica Concert Producers Arrested in $850,000 Money Laundering Probe

Two well-known Costa Rican concert producers were among 18 people arrested Wednesday in a money laundering investigation into whether an alleged drug trafficking organization...

Liberation Party Will Vote Against Costa Rica Joining Trans-Pacific Trade Pact

The PLN’s 17 votes could decide whether Costa Rica joins the CPTPP if the accord needs a two-thirds majority, as President Laura Fernández weighs whether to sign.

Costa Rica Red Cross Considers Ending Overnight Shifts at 20 Branches

The Costa Rican Red Cross is considering eliminating overnight shifts at 20 local branches as financial pressure continues to affect its emergency-response network. The...

Landslides Close Costa Rica’s Route 32 Between San José and Limón

Costa Rica’s main highway between San José and the Caribbean remained closed this morning after heavy rain triggered landslides at several points along...

Panama Celebrates Removal From European Union Tax Blacklist

The European Union announced today that it had removed Panama and Vietnam from its tax haven blacklist, citing progress made by both countries. The...

Costa Rica Suspends Investigation Into Who Ordered Roberto Samcam’s Murder

Costa Rica’s prosecutor’s office has suspended its investigation into who ordered the 2025 killing of retired Nicaraguan military officer Roberto Samcam, an outspoken critic...

Dollar Holds as Central Bank Warns US Rates Could Push It Higher

The dollar has eased from its early-October high, but Central Bank President Róger Madrigal warns a widening US rate gap could lift it again.
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel