International Merchandise Trade Statistics: Trade Balance: Commodities for Costa Rica
Costa Rican Colon, Monthly, Not Seasonally Adjusted
CRIXTNTVA01NCMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-96,927,550,000.00
Year-over-Year Change
-25.28%
Date Range
1/1/1995 - 5/1/2025
Summary
The Costa Rican Colon, Monthly, Not Seasonally Adjusted trend measures the exchange rate between the Costa Rican currency and the U.S. dollar, providing insights into the country'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
This economic indicator tracks the value of the Costa Rican Colon relative to the U.S. dollar on a monthly basis, without adjusting for seasonal factors. It is a key metric for understanding Costa Rica's economic competitiveness, trade balances, and the purchasing power of its currency.
Methodology
The data is collected and reported by the Central Bank of Costa Rica.
Historical Context
Policymakers and market analysts use this trend to assess Costa Rica's economic conditions and make informed decisions.
Key Facts
- The Costa Rican Colon is the official currency of Costa Rica.
- 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 exchange rate between the Costa Rican Colon and the U.S. dollar, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The Costa Rican Colon exchange rate is a crucial indicator of the country's economic competitiveness, trade dynamics, and the purchasing power of its currency.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Costa Rica.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess Costa Rica's economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, and there may be occasional delays in reporting.
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Citation
U.S. Federal Reserve, Costa Rican Colon, Monthly, Not Seasonally Adjusted (CRIXTNTVA01NCMLM), retrieved from FRED.