About the Surinamese Dollar
The Surinamese Dollar was introduced in 2004, replacing the Surinamese Guilder at a rate of 1 Dollar = 1,000 Guilders. This redenomination aimed to stabilize the currency after a period of economic instability.
The name 'Dollar' was chosen to align with other currencies in the region, while 'Surinamese' refers to the country.
Interesting Facts
A Young Currency
The Surinamese Dollar is a relatively new currency, introduced in 2004, reflecting a conscious effort to stabilize the economy after challenges with the Guilder.
Natural Resources Driven
Suriname's economy is highly dependent on its natural resources, particularly gold, oil, and bauxite, which are major drivers of the Dollar's value.
Diverse Ecosystem on Notes
Banknotes often feature the country's rich and diverse flora and fauna, including toucans, jaguars, and the vibrant rainforest.
Historical Timeline
The Surinamese Guilder replaces the Dutch Guilder.
Suriname gains independence from the Netherlands.
The Surinamese Dollar replaces the Guilder.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- SRD
- Symbol
- Sr$
- Numeric Code
- 968
- Subunit
- Cent (1/100)
- Introduced
- 2004-01-01
Central Bank
- Name
- Central Bank of Suriname
- Headquarters
- Paramaribo, Suriname
- Founded
- 1957
- Current Governor
- Maurice Roemer (since 2020)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 15.0%
- Interest Rate
- 24.0%
Exchange Rates
What Affects the SRD Exchange Rate?
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