Costa Rica’s central bank has announced certain coin denominations will no longer be accepted as legal tender. The move affects older versions of 5, 10, 25, 50, 100 and 500 colones coins minted before specific dates. Citizens are urged to identify these coins, which can be recognized by their minting year, and exchange them for current currency. The central bank will facilitate the exchange process at designated bank branches nationwide. The demonetization aims to modernize the country’s currency system and improve efficiency. Details regarding specific dates and identification features are being widely disseminated by financial institutions. The exchange period has a defined timeframe, after which the older coins will have no monetary value.