Question 1

What is the "Currency Exchange Shortchanging on Avenida Central" scam in San José?

Accepted Answer

Informal money changers ("coyotes") operating along Avenida Central in downtown San José offer exchange rates that appear competitive but use sleight of hand to deliver fewer colones than agreed upon. Common tactics include miscounting notes quickly, palming bills during the handover, or using a distraction to swap the stack. Some operate near legitimate banks to appear more credible. While street currency exchange is technically legal in Costa Rica, it carries significant risk and zero consumer protection. Use ATMs (cajeros automáticos) or official bank branches such as Banco Nacional or BAC San José for all currency exchange. Avoid all street money changers regardless of their offered rate. If you must exchange cash informally, count every note yourself before the transaction is complete and do not accept a rushed handover.

Question 2

What is the "Counterfeit Currency Passed in Change" scam in San José?

Accepted Answer

Counterfeit Costa Rican colones are occasionally passed to tourists as change in busy market or street vendor transactions, particularly in the downtown area. Familiarise yourself with the feel of genuine Costa Rican banknotes. Examine larger denomination bills when receiving change.

Money & ATM Scams in San José

Currency Exchange Shortchanging on Avenida Central

Counterfeit Currency Passed in Change

Experienced a scam here?