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Costa Rican Colón Sees Modest Rise Against the U.S. Dollar Amidst Economic Projections

Costa Rican Colón Sees Modest Rise Against the U.S. Dollar Amidst Economic Projections

The exchange rate for the USD/CRC rose by 4.5628, reflecting a 0.88% increase to 525.0794 on Thursday, September 26, compared to 520.5165 in the previous trading session.

Historically, the USD/CRC reached an all-time high of 691.76 in June 2022, highlighting volatility in the market.

Looking ahead, analysts project that the Costa Rican Colón is expected to trade at 520.67 by the end of this quarter, with an anticipated rate of 526.63 in the next 12 months based on global macroeconomic models.