Sorry to say, I had to raise prices as the US$ has been losing value over the local currency (Costa Rica Colon – CRC) for a while, more than 20% by now:
USD/CRC – US Dollar Costa Rican Colon
| 541.99 | 538.11 | 541.99 | 538.11 | +0.81% | ||
| 537.62 | 540.90 | 543.47 | 534.40 | +0.09% | ||
| 537.15 | 538.22 | 544.43 | 537.97 | -0.09% | ||
| 537.65 | 539.48 | 542.02 | 534.35 | +0.80% | ||
| 533.40 | 534.97 | 539.78 | 533.88 | -0.05% | ||
| 533.65 | 544.65 | 545.50 | 534.97 | -1.48% | ||
| 541.65 | 543.46 | 547.50 | 540.35 | +0.21% | ||
| 540.50 | 535.53 | 544.14 | 531.12 | +1.86% | ||
| 530.63 | 538.59 | 540.10 | 532.19 | -0.57% | ||
| 533.65 | 540.10 | 543.00 | 535.72 | -0.25% | ||
| 535.00 | 543.28 | 544.00 | 537.15 | -0.63% | ||
| 538.40 | 540.53 | 545.79 | 539.60 | -0.28% | ||
| 539.90 | 541.72 | 548.19 | 539.70 | -0.55% | ||
| 542.87 | 548.19 | 549.95 | 541.72 | -0.69% | ||
| 546.63 | 558.55 | 559.00 | 547.27 | -1.44% | ||
| 554.60 | 563.13 | 563.60 | 554.95 | -0.72% | ||
| 558.60 | 561.13 | 563.97 | 557.59 | +0.54% | ||
| 555.60 | 580.13 | 581.13 | 558.22 | -2.53% | ||
| 570.00 | 567.66 | 584.00 | 566.41 | +0.73% | ||
| 565.88 | 554.40 | 568.30 | 551.41 | +2.22% | ||
| 553.60 | 563.30 | 569.50 | 554.40 | -1.64% | ||
| 562.85 | 570.93 | 580.78 | 563.30 | -0.88% | ||
| 567.86 | 594.09 | 594.51 | 570.93 | -3.40% | ||
| 587.85 | 597.24 | 598.08 | 589.65 | -0.59% | ||
| 591.36 | 582.13 | 598.08 | 580.22 | +2.07% | ||
| 579.35 | 590.65 | 592.00 | 580.88 | -0.28% | ||
| 580.95 | 592.09 | 600.07 | 581.33 | +0.25% | ||
| 579.49 | 603.09 | 606.00 | 583.59 | -3.68% | ||
| 601.60 | 606.59 | 607.50 | 596.03 | -0.05% | ||
| 601.88 | 612.28 | 613.50 | 602.80 | -0.66% | ||
| 605.85 | 611.86 | 615.00 | 606.85 | -0.35% | ||
| 608.00 | 617.50 | 628.00 | 609.25 | -1.14% | ||
| 615.00 | 621.42 | 628.00 | 614.86 | -0.14% | ||
| 615.88 | 621.97 | 628.03 | 617.84 | -0.88% | ||
| 621.35 | 619.72 | 626.00 | 613.00 | +1.14% | ||
| 614.35 | 636.96 | 637.50 | 616.05 | -2.93% | ||
| 632.88 | 625.57 | 638.06 | 624.95 | +1.36% | ||
| 624.38 | 634.63 | 642.50 | 625.57 | -1.16% | ||
| 631.72 | 629.35 | 637.00 | 628.89 | +0.75% | ||
| 627.00 | 649.91 | 651.50 | 629.35 | -2.58% | ||
| 643.60 | 658.74 | 662.50 | 644.92 | -2.16% | ||
| 657.83 | 636.16 | 661.50 | 631.79 | +3.93% | ||
| 632.97 | 652.06 | 657.00 | 631.11 | -2.68% | ||
| 650.38 | 667.04 | 672.00 | 652.06 | -2.39% | ||
| 666.33 | 670.13 | 672.55 | 667.04 | 0.00% | ||
| 666.33 | 671.42 | 673.50 | 667.87 | -0.07% | ||
| 666.83 | 671.61 | 674.57 | 668.23 | -0.49% | ||
| 670.08 | 682.98 | 687.03 | 671.28 | -1.89% | ||
| 682.98 | 687.11 | 690.52 | 681.05 | -0.45% | ||
| 686.08 | 687.11 | 691.61 | 686.40 | 0.00% | ||
| 686.08 | 694.84 | 694.88 | 685.85 | -0.55% | ||
| 689.85 | 687.28 | 696.38 | 684.41 | +0.62% |
| Highest: 696.38 | Lowest: 531.12 | Difference: 165.26 | Average: 593.81 | Change %: -20.94 |
In addition to that, prices for imported materials (mostly aluminum and nylon in my case) have risen about 30% in the same 12 months, so a double-whammy for me. Sorry, but I couldn’t fully cover that any more.
To just make the same with each item that I made a year ago I would have to raise prices 25%. It’s crazy.
I am absorbing part of the increase but had to raise them about 15%.
Here is an article about the US$ devaluation versus the Costa Rica Colón.