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Surinamese dollar

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Surinamese dollar
Surinaamse dollar (Dutch)
Coin of the gulden series made legal tender for the dollar
Coin of the gulden series made legal tender for the dollar
ISO 4217 Code SRD
User(s) Suriname
Inflation 9.5%
Source The World Factbook, 2005 est.
Subunit
1/100 cent
Symbol $
Plural dollar
cent cent
Coins 1, 5, 10, 25, 100, 250 cent
Banknotes 1 , 2½, 5, 10, 20, 50, 100 dollar
Central bank Centrale Bank van Suriname
Website www.cbvs.sr

The dollar (currency code SRD) has been the currency of Suriname since 2004. It is divided into 100 cent.

Contents

History

The dollar replaced the Surinamese gulden on 1 January 2004, with one dollar equal to 1000 gulden. Initially, only coins were available, with banknotes delayed until mid-February, reportedly due to a problem at the printer, the Bank of Canada. The old coins denominated in cent (i.e., 1/100 gulden) were declared to be worth their face value in the new cents, negating the necessity of producing new coins. Thus, for example, an old 25 cent coin, previously worth quarter of a gulden, was now worth quarter of a dollar. Amendment 121 of ISO 4217 gave the currency the code SRD replacing the Suriname gulden (SRG).

Coins

Coins in denominations of 1, 5, 10, 25, 100 and 250 cents from the previous currency are in circulation.

Banknotes

In 2004, the government introduced notes (muntbiljet) for 1 and 2½ dollars, with the Central Bank of Suriname introducing notes for 5, 10, 20, 50 and 100 dollars.

Current SRD exchange rates
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See also

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Surinamese dollar from Wíkipedia. ©2006 by Wíkipedia. Licensed under the GNU Free Documentation License. View a list of authors or edit this article.

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