International Merchandise Trade Statistics: Exports: Commodities for Costa Rica
Costa Rican Colon, Monthly, Seasonally Adjusted
CRIXTEXVA01NCMLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,054,387,000,000.00
Year-over-Year Change
12.89%
Date Range
1/1/1995 - 5/1/2025
Summary
The Costa Rican Colon, Monthly, Seasonally Adjusted trend measures the exchange rate between the Costa Rican currency and the U.S. dollar. This metric is crucial for evaluating Costa Rica's economic performance and international trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Costa Rican Colon is the national currency of Costa Rica. The monthly, seasonally adjusted exchange rate against the U.S. dollar provides insights into Costa Rica's economic conditions, competitiveness, and financial stability relative to global markets.
Methodology
This data is collected and calculated by the Central Bank of Costa Rica.
Historical Context
Policymakers and analysts use this trend to inform decisions on trade, investment, and monetary policy.
Key Facts
- The Costa Rican Colon has been the national currency since 1896.
- Costa Rica is a major exporter of agricultural products, including coffee and bananas.
- The Central Bank of Costa Rica manages the country's monetary policy and exchange rate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted exchange rate between the Costa Rican Colon and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The Costa Rican Colon exchange rate is crucial for evaluating the country's economic performance, international competitiveness, and financial stability.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the Central Bank of Costa Rica.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform decisions on trade, investment, and monetary policy for Costa Rica.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into Costa Rica's economic conditions.
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Citation
U.S. Federal Reserve, Costa Rican Colon, Monthly, Seasonally Adjusted (CRIXTEXVA01NCMLSAM), retrieved from FRED.