What are the currencies accepted in Costa Rica?

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The Costa Rican currency is the colon, named after Christopher Columbus who is credited with discovering the "Rich Coast" on his 4th and last trip to the "New World" in 1502.  Costa Rica has relied heavily upon exports throughout its history, so foreign currency has always been important in the economy.  There are no restrictions on exchanging currencies.

The US Dollar is widely accepted, particularly in $20 bill and lower denominations, although in tourist areas $50 and $100 bills are more easily exchanged or used.  You may find it convenient to carry colones in order to not worry about what exchange rate a particular establishment is using. US Dollar accounts are available at state and private banks, they may be savings or checking accounts.  Some banks offer accounts tied to the US banking system, so you can make payments more easily in the US and receive US checks or transfers more quickly, and have the capability of withdrawing the money here.

Euros are not widely accepted, however banks offer Euro savings accounts and certificates of deposit.  For businesses wishing to mitigate their foreign exchange exposure this is a valuable service.