Sending money to Costa Rica is not very difficult. There are not as many quality options for sending money as you may find for other countries, but you’ll find what you need.
The current exchange rate for the Costa Rican Colon (CRC) is CRC per American Dollar (USD) as of the time this was written. The CRC reached a high of 105.5575 CRC per USD and a low of 104.8173 CRC per USD during the last 90 days. The average exchange rate for the last 90 days was 105.1278 CRC per USD.
The CRC had an average volatility rate of 0.43% against the USD for the last 90 days. This is a fairly high volatility rate considering some of the sporadic fluctuations which the CRC has gone through during the last 90 days. You can reasonably expect moderate fluctuations to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Costa Rica is through Ria Money Transfer’s fast option or Dolex Money Transfers. With Ria Money Transfer’s fast option, your money should reach its Costa Rican destination in a matter of minutes. Ria Money Transfer offers a generally well-rounded deal for their fast option. Their fast option is actually cheap relative to much of its slower competition.
The cheapest way to send money to Costa Rica is through Ria Money Transfer’s slow option. While the slow option takes 3-5 days to send money to Costa Rica, it is very affordable. When you factor in both upfront, stated costs and hidden currency conversion fees, you simply save more with Ria Money Transfer’s slow option.
PayPal is the easiest way to send money to Costa Rica. PayPal is generally known for two things: being very secure and being ubiquitous. Their service is actually very easy to use as well, and sending money is exceptionally easy on PayPal’s platform
Ria Money Transfer is the overall best way to send money to Costa Rica. For the purposes of expedience and getting a more well-rounded deal, we suggest you make use of their faster option. With Ria Money Transfer’s fast option, you get a great deal when it comes to both speed and cost. Ria Money Transfer is not the easiest to use or hassle-free service, but it certainly gets the job done with a generic and useful method for sending money to Costa Rica.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com