Colón (SVC) = 100 centavos. Notes are in denominations of SVC200, 100, 50, 25, 10 and 5. Coins are in denominations of SVC1, and 50, 25, 10, 5 and 1 centavos. Due to the introduction of the US Dollar into the country, dollars have been accepted as dual currency since January 2001 and are now widely used and will eventually completely replace the Colón.
Visitors should reconvert all unspent Colóns before leaving the country.
Most banks are closed for balancing the books on 29-30 Jun and 30-31 Dec. These dates may vary for individual banks. Visitors are advised to change currency only at banks and official bureaux de change. American Express, MasterCard and Visa are widely accepted, whilst Diners Club has more limited use. There are a small number of ATMs around the country. These may be cashed at any bank or hotel on production of a passport. No restrictions on import and export of local currency. Import of foreign currency is unlimited, but declaration is advised. Export of foreign currency is unlimited but limited to the amount declared on import for larger amounts. Generally Mon-Fri 0900-1300 and 1345-1700; Sat 0900-1300 (limited service). | Date | Jul 06 | | £1.00= | 15.94 | | $1.00= | 8.75 |
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