International Merchandise Trade Statistics: Imports: Commodities for Costa Rica
Costa Rican Colon, Monthly, Seasonally Adjusted
CRIXTIMVA01NCMLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,221,885,000,000.00
Year-over-Year Change
9.94%
Date Range
1/1/1995 - 5/1/2025
Summary
The Costa Rican Colon, Monthly, Seasonally Adjusted trend measures the monthly exchange rate between the Costa Rican Colon and the U.S. Dollar, adjusted for seasonal variations. This metric is closely watched by economists and policymakers to assess Costa Rica's economic health 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 official currency of Costa Rica. This monthly, seasonally adjusted exchange rate tracks the value of the Colon relative to the U.S. Dollar, providing insight into Costa Rica's international competitiveness and ability to trade globally.
Methodology
The data is collected and calculated by the Central Bank of Costa Rica.
Historical Context
This exchange rate trend is a key indicator used by investors, analysts, and policymakers to evaluate Costa Rica's macroeconomic performance and trade position.
Key Facts
- The Costa Rican Colon has been the official currency of Costa Rica since 1896.
- Costa Rica is a major exporter of agricultural products, electronics, and medical devices.
- The exchange rate is heavily influenced by Costa Rica's balance of trade and foreign investment flows.
FAQs
Q: What does this economic trend measure?
A: The Costa Rican Colon, Monthly, Seasonally Adjusted trend measures the monthly exchange rate between the Costa Rican Colon and the U.S. Dollar, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This exchange rate trend provides important insights into Costa Rica's international competitiveness, trade dynamics, and macroeconomic performance, making it a key indicator for investors, analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Costa Rica.
Q: How is this trend used in economic policy?
A: The Costa Rican Colon exchange rate is closely monitored by the Costa Rican government and central bank to guide monetary and trade policies, as well as by international investors and analysts evaluating the country's economic performance.
Q: Are there update delays or limitations?
A: The Costa Rican Colon, Monthly, Seasonally Adjusted data is published by the Central Bank of Costa Rica on a monthly basis, with a typical update delay of 1-2 months.
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Citation
U.S. Federal Reserve, Costa Rican Colon, Monthly, Seasonally Adjusted (CRIXTIMVA01NCMLSAM), retrieved from FRED.