As of Tuesday, July 1, Costa Rica’s old gold-colored ₡500 coin is no longer accepted as legal tender. Visitors should be aware that it can no longer be used in shops, restaurants, or other businesses. This update is part of the Central Bank of Costa Rica’s (BCCR) ongoing efforts to modernize the country’s currency system.

While the old coin can no longer be used for purchases, it can still be exchanged at authorized banks. The Central Bank announced the change in January, allowing for a six-month transition period.

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The ₡500 and ₡50 coins have both been updated with smaller, more durable versions. These new coins are already in circulation and remain valid for daily use.

Costa Rica special ₡100 Coins Featuring Cultural Heritage

Later this month, visitors may notice new ₡100 coins in circulation, designed to celebrate Costa Rica’s intangible cultural heritage. The special edition includes six unique designs that highlight local traditions such as Creole swing, Limón-style calypso, the tope de toros in Liberia, traditional cimarrona music, Chorotega-style ceramics, and ox-cart culture.

These new coins include advanced engraving techniques and modern alloys to improve durability and prevent counterfeiting.

What to Do If You Have Old ₡500 Coins

There’s no need to worry. Even though the old coins are no longer accepted in shops, they can still be exchanged at Banco de Costa Rica (BCR) branches. Starting Wednesday, July 2, exchanges will be available only on Wednesdays. Non-customers may exchange up to ₡500,000.

For branch locations, opening hours, and more details, visit: www.bancobcr.com, under the “Locate us” section.

Tourists are advised to double-check coins when receiving change to avoid confusion during their stay.

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