BashfulDwarf wrote:
BangBang57 wrote:
The most accurate, most complete, and most up to date source I have found is:
bccr,fi. tipo de cambio anunciado in ventanilla
This is used as economic indication, and is not updated regularly.
The Forex reflects global demand, and has no parallel to the internal exchange rates. Remember that Forex is a futures gamble on foreign currencies. So it's nice to glance and see if the number is going up or down, but it's just a ballpark figure for currency purchases at local banks.
In the end it doesn't matter what numbers you use, or websites you watch. You will only be offered a rate that the bank you visit is willing to give. It's a 'take it or leave it' thing.
Sorry my friend but THIS IS UPDATED DAILY, some times several times a day. If there is a change it will be reflected within minutes! If no change, it often will not reflect an update. It is exactly what the different banks and institutions are giving at the moment in Costa Rica. Which, if you are in CR and wanting to change money, is all that is important! As I have stated more than once, they to a small extent take into consideration the international rate, but the National Bank is much more concerned with what is going on in CR and what their needs are at the moment than what the rest of the world says it should be or what the "official international rate" is. They set the rate to satisfy their needs at the moment. I have seen it go up when all other indicators were going down and vice versa!!
The important thing is it is what one can expect to get at all the different institutions AT THE MOMENT IN COSTA RICA REGARDLESS OF WHAT THE INTERNATIONAL MARKET SAYS IT SHOULD BE!!!!! Only problem is, I have checked to see what the rate is and by the time I get to the bank it has changed. Hell I have had it change while waiting in line in the Bank!!
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Old and retired but still bang, and bang, and bang!!!