No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsExpat LivingCentral Bank Phases Out Old Coins in Costa Rica

Central Bank Phases Out Old Coins in Costa Rica

The Central Bank of Costa Rica has set a deadline for three older coin denominations to leave everyday use. Starting July 1, 2026, the old designs of the ₡5, ₡10, and ₡25 colones coins will no longer serve as legal tender for payments. Officials from the Banco Central de Costa Rica made the announcement this week, giving residents and visitors six months to prepare. The move targets coins that have circulated for years but now face replacement with updated versions.

The affected coins include the old ₡5 colones, which the bank stopped minting long ago due to production costs exceeding their face value. The old ₡10 and ₡25 colones designs also fall under the change. After the cutoff date, stores, markets, and other businesses across the country will refuse them for transactions.

Newer designs of the ₡10 and ₡25 colones remain in circulation and will continue as valid payment options. These updated coins feature improved materials for better durability and security, part of the bank’s ongoing effort to modernize the currency system.

For those holding old coins, options exist to avoid any loss. Banks, cooperatives, and other financial institutions will accept exchanges or deposits, converting the coins to current currency or account credits. This process ensures full value retention, though it requires a trip to a branch.

The shift aims to streamline Costa Rica’s money supply. By removing older designs, the Central Bank reduces maintenance costs and enhances efficiency in handling physical cash. Similar updates have occurred in recent years with higher denominations, like the ₡500 coin replaced in 2025.

Travelers heading to Costa Rica should note the timeline. Until June 30, 2026, all current coins work for purchases, including small ones like bus fares or street food. Post-July 1, sticking to newer coins, bills, cards, or digital payments like SINPE Móvil avoids issues.

Expats and locals with stockpiles of change can act now. Checking coin designs and swapping out old ones at a bank prevents last-minute hassles. Most daily dealings already lean toward electronic methods, so the impact hits cash-heavy users hardest.

Trending Now

Costa Rica Beach Overwhelmed by Trash Flowing Down Tárcoles River

A Pacific beach with the potential to attract tourists has instead become one of the clearest examples of Costa Rica’s struggle with waste, as...

Costa Rica Raises Bus Fares Between San José and Nicaragua Border

Taking the bus from San José to the Nicaraguan border became more expensive today.The fare from San José to Peñas Blancas increased from ₡5,820...

Former Costa Rica Health Minister’s Trial Delayed After Lawyer Leaves Case

The trial of former Health Minister Joselyn Chacón has been postponed until October after a court ruled that her attorney had abandoned the defense...

El Niño Deepens Costa Rica’s Divide Between Drought and Heavy Rain

Costa Rica is experiencing two sharply different rainy seasons at once, with a growing drought across the Pacific side and Central Valley while unusually...

Costa Rica Bets on Dental Tourism to Draw Higher Spending Visitors

Five dental clinic groups received a new certification this month aimed squarely at foreign patients, the clearest signal yet that Costa Rica intends to...

General Cañas Highway Lane Closures Begin Monday in Costa Rica

Drivers using the General Cañas Highway between Alajuela and San José should prepare for additional congestion beginning Monday as crews carry out eight days...

Nurses Strike at Hospital México After Staffing Talks Collapse

More than 180 nurses walked out at one of Costa Rica's three national referral hospitals after talks with the CCSS ended without agreement.

Mother’s Day Is a Full National Holiday in Costa Rica

Today is Día de la Madre, and it is a full national holiday in Costa Rica, not just a greeting-card occasion. Public offices are...

Costa Rica’s Route 32 Reopens After a Morning Landslide Shuts the Highway

Route 32 closed for about four hours Saturday morning after material fell on the San José-Limón highway. Here are the alternates and why the road can shut again.
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

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