This year, Costa Rica introduced all new banknotes for our currency – the colon is named after Christopher Columbus. The new bills are colorful and quite beautiful. We have new 5,000, 10,000, 20,000 and, for the first time, 50,000 colones paper money. The one thousand colones bill is plastic so it goes right through the wash without a problem. I know this for a fact.
But more importantly, the old bills will go out of circulation 31 December 2012. So, if you’re holding onto Costa Rican money for your next tropical vacation, you’d better think about coming sooner rather than later. After the first of the year, that old bill won’t be any good. Use it or lose it.