Definition

1. Noun:
   • The basic unit of money in Costa Rica: The "costa rican colon" is the official currency of the Republic of Costa Rica. It is subdivided into 100 centimos.

Usage Examples

• Noun:
  • The price of coffee is 2,000 Costa Rican colones per kilogram.
  • You need to exchange your dollars for Costa Rican colones before traveling to San José.
  • The old 5-colon coin is no longer in circulation.

Advanced Usage

• "Colón" as a proper noun: The currency is named after Christopher Columbus (Cristóbal Colón in Spanish). In formal and financial contexts, it is often referred to simply as the "colón" (plural: colones).
  • The Central Bank of Costa Rica manages the colón.
• Currency code: The official ISO 4217 code for the Costa Rican colón is .
  • Please transfer the amount in CRC.

Variants and Related Words

• Colón (CRC): The full and official name of the currency.
• Centimo: A subunit of the colón, where 100 centimos equal 1 colón. (Note: Due to inflation, centimo coins are rarely used.)
• Costa Rican monetary unit: A broader term for any unit of currency used in Costa Rica, with the colón being the primary example.

Synonyms

• Costa Rican currency: A general term for the money used in Costa Rica.
• CRC: The official three-letter currency code.

Related Phrases

• "Paying in colones": The act of using the local currency for transactions within Costa Rica.
  • It's usually cheaper to pay in colones rather than US dollars at local markets.
• "Colón exchange rate": The value of the colón compared to other world currencies.
  • The colón exchange rate against the US dollar has been stable this year.

Noun

1. the basic unit of money in Costa Rica; equal to 100 centimos