Exchanging Costa Rican Colones in Nicaragua
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In Nicaragua, currency exchange is a open market. Banco Centrale de Nicaragua sets a rate; banks, finance companies, exchange houses (casas de cambio), and independent agents can decide their own price, as you found at the border. A lot of small businesses also exchange currency, registered, and post their services and rates. Street corner money changers, coyotes, abound, of course.
Larger banks offering currency exchange:
Casas de Cambio:
Global Exchange Augusto C. Sandino International Airport, Carretera Norte Managua
- International departures landside hall (daily 05:00 - 18:00)
- International arrivals airside in front of the immigration desk (daily 07:00 - 23:00)
Some private banks and Credit Unions offer exchange services to customers (but no guarantee would do so for those who are not):
Resources:
Nomas Operativas de las Casas de Cambio
Banking regulations in Nicaragua
La Prensa: La tasa de cambio de una empresa en el aeropuerto es inferior a la tasa oficial
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Source: stackoverflow.com
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