The real was the currency of Costa Rica

Costa Rica

Costa Rica , officially the Republic of Costa Rica is a multilingual, multiethnic and multicultural country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west and the Caribbean Sea to the east....

 until 1850 and continued to circulate until 1864. It had no subdivisions. 16 silver reales equaled 1 gold escudo. The real was replaced by the peso

Costa Rican peso

The peso was the currency of Costa Rica between 1850 and 1896. It was initially subdivided into 8 reales and circulated alongside the earlier currency, the real, until 1864, when Costa Rica decimalized and the peso was subdivided into 100 centavos. The peso was replaced by the colón at par in...

 at a rate of 1 peso = 8 reales.

Initially, Spanish

Spanish real

The real was a unit of currency in Spain for several centuries after the mid-14th century, but changed in value relative to other units introduced...

 and Spanish colonial real

Spanish colonial real

The silver real was the currency of the Spanish colonies in the Americas and the Philippines. In the seventeenth century the silver real was established at two billon reals or sixty-eight Spanish maravedís. Gold escudos were also issued...

es circulated, followed in 1824 by the Central American Republic real

Central American Republic real

The real was the currency of the Federal Republic of Central America from 1824. Sixteen silver reales equaled one gold escudo. The Central American Republic's real replaced the Spanish colonial real at par and continued to circulate and be issued after the constituent states left the Central...

. In 1842, Costa Rica issued its first coins, ½ real and 1 escudo pieces. These were followed in 1847 by 1 real coins. In 1850, when the first peso coins were issued, gold coins were issued for ½, 1 and 2 escudos. The last coins denominated in reales were issued in 1850, whilst the last escudo coins were issued in 1864.