The official monetary unit of Costa Rica is the Costa Rican colón, which can also be referred to as the CRC. However, there are various synonyms for this currency that individuals may come across when discussing the country's financial system. Some of the most commonly used synonyms for the Costa Rican monetary unit include the Costa Rican dollar, colones, CR colón, and Costa Rican pesos. While these terms are often used interchangeably, it is important to note that the Costa Rican colón is the only legal tender in the country and any other terms used to describe the currency may simply be colloquialisms.