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New currency in Suriname
Surinamese Dollar introduced

 

On January 01, 2004 the Surinamese Guilder(SRG) was exchanged into the Surinamese dollar(SRD). As of this date the dollar issued by our monetary authorities is our new legal instrument of payment in the Republic of Suriname. The adjoining table precisely indicates which dollar value corresponds with a specific guilder note. The amount that they represent equals their face value divided by 1000. It is thus possible to use the existing guilder banknotes to make dollar payments.

25.000 guilders
10.000 guilders
5.000 guilders
2.000 guilders
1.000 guilders
500 guilders
100 guilders
25 guilders
10 guilders
5 guilders
=
=
=
=
=
=
=
=
=
=
25
10
5
2
1
50
10

1
½
Dollars
Dollars
Dollars
Dollars
Dollars
Dollar cent
Dollar cent
Dollar cent
Dollar cent
Dollar cent

The currency notes are manufactured by the Dutch company Johan Enschedé & Sons and are available at the Central Bank of Suriname. Because of safety matters the delivery of the banknotes are delayed to February 2004.
There will be a transitional phase. It will take a couple of months for the Surinamese entrepreneurs and consumers to get adjusted to this new currency. Most of the shops have changed their pricing labels and consumers are using their old coins again, which have regained their value.

 

 


 

 
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HOTEL TORARICA
Mr. Rietbergplein 1, P.O. Box 1514, Paramaribo - Suriname
Phone: (597)471500 Fax: (597)411682 / (597)421970 E-mail: info@torarica.com