Costa Rica Colon The Most Stable Currency In Latin America

By Rico

201508092250471.MaMNotacolon

QCOSTARICA – While devaluations are occurring all around, the Costa Rica Colon, the country’s currency, remains stable with the least variation against the U.S. dollar in the last 12 months.

In August (10) last year, the dollar exchange was ¢545, while today it is ¢541, less than 1% difference.

In general, the countries with the least variation have been those of Central America.

Countries that have suffered major changes are Colombia and Brazil, where, in only 12 months, their currencies have lost more than 50% against the U.S. dollar.

Venezuela is not included given the divergence between the official exchange rate and that of the streets.

Costa Rica
545,1
540,8
-0,8%

Guatemala
8,0
7,8
-1,3%

Bolivia
7,1
7,2
1,0%

Nicaragua
26,5
27,5
4,1%

Honduras
21,3
22,3
4,9%

Argentina
8,3
9,2
10,8%

Peru
2,9
3,2
13,4%

Chile
579,4
678,1
17,0%

Uruguay
24,1
29,1
20,8%

Paraguay
4.364,8
5.322,7
21,9%

Mexico
13,2
16,2
23,2%

Brasil
2,3
3,4
51,7%

Colombia
1.890,6
2.911,0
54,0%

From Banco Central ce Costa Rica and OANDA

Source: Larepublica.net – El colón es la moneda más estable de Latinoamérica

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Via:: QCOSTARICA