The Central Bank of Costa Rica says it intends to introduce polymer versions of the CRC 2,000, CRC 5,000 and CRC 20,000 banknotes.
Q Costa Rica reports the new notes are made of polymer substrate – a compound similar to plastic – which makes the notes more resistant and durable.
The bank says the new notes will be similar in size, shape and colour of the notes currently in circulation.
“Although the new banknotes have adjustments in their design and in their structure of security measures to verify their authenticity and combat counterfeiting, they maintain the same characters, motifs, shades and sizes as those currently in circulation,” the bank said in a media statement.
According to the bank, the new notes are expected “in the coming months.”
The CRC 50,000 banknotes are reportedly being taken out of circulation.