CEMLA “Financial-economic Educational Experiment” completed successfully

On Friday, 2nd of August 2019, the Central Bank of Suriname successfully completed the Financial-economic Education Experiment, which was performed in collaboration with the Centro de Estudios Monetarios Latinoamericanos (CEMLA).

The students of the St. Elisabeth School II, who also participated on the 18th of July 2019, continued the final part of the experiment together in one group and completed the follow-up survey.

To conclude this experiment, each student received a certificate from the General Secretary of the Bank, Mrs. Faranaaz Hausil.

At the opening of the experiment on the 18th of July, the Central Bank Governor, Mr. Robert van Trikt gave the students a drawing assignment, with the theme “The Central Bank in the Future”. The purpose of this assignment was to give the children the opportunity to capture the future of money and the Central Bank through a drawing. The prize for the best drawing went to Dimple Yzer, followed by Shanyl Mokhansing (2) and Mariela Armalie (3)

At the closing, the students indicated that they experienced the experiment as good and are looking forward that this program will be repeated.

Photo 1: The students are completing a follow-up survey.

 

 

Photo 2: Mrs. Faranaaz Hausil hands over a certificate to one of the students.

 

 

Photo 3: All students received a certificate for participation in concluding this experiment. 

 

 

Photo 4: Winners from left to right: Dimple Yzer, Shanyl Mokhansing and Mariela Armalie

 

Also see:

CENTRAL BANK OF SURINAME CONDUCTED CEMLA FINANCIAL-ECONOMIC EDUCATION EXPERIMENT

FINANCIAL LITARACY

Exchange RatesJanuary 20th and until further notice

Currency Buying Selling
USD 7,396 7,520
EUR 8,191 8,363
GBP 9,586 9,825
ANG 4,112 4,228
AWG 4,112 4,228
BRL 1,739 1,801
TTD 1,079 1,114
BBD 3,667 3,760
XCD 2,712 2,783
PER 100 GYD 3,477 3,594

Gold CertificatesJanuary 20th and until further notice

Coupon SRD
5 gram 3.765,62
10 gram 7.531,24
50 gram 37.656,21
100 gram 75.312,42
500 gram 376.562,12
1000 gram 753.124,25
Gold LME: USD 1.557,50 /tr.oz.

Inflation

  Average End-of-period
2012 5.0 4.3
2013 1.9 0.6
2014 3.4 3.9
2015 6.9 25.1
2016 55.5 52.4
2017 22.0  9.2 
2018 6.8  5.4 
     
2019 Month-to-month Year-to-year
Jan 0.7 5.5
Feb -0.1 4.3
Mar 0.0 4.2
Apr 0.6 4.6
May 0.4  
Jun 0.4  
Jul 0.2 4.3
Aug 0.4 4.0
Sep 0.5 4.0
Oct 0.6 4.3
Nov*) 0.2 4.3

*) Preliminary figures 

 

Exchange RatesJanuary 20th until further notice

Currency Buying Selling
USD 7,396 7,520
EUR 8,191 8,363
GBP 9,586 9,825
ANG 4,112 4,228
AWG 4,112 4,228
BRL 1,739 1,801
TTD 1,079 1,114
BBD 3,667 3,760
XCD 2,712 2,783
PER 100 GYD 3,477 3,594
CNY 1,062 1,096

Gold CertificatesJanuary 20th until further notice

Coupon SRD
5 gram 3.765,62
10 gram 7.531,24
50 gram 37.656,21
100 gram 75.312,42
500 gram 376.562,12
1000 gram 753.124,25
Gold LME: USD 1.557,50 /tr.oz.

Inflation

  Average End-of-period
2012 5.0 4.3
2013 1.9 0.6
2014 3.4 3.9
2015 6.9 25.1
2016 55.5 52.4
2017 22.0  9.2 
2018 6.8  5.4 
     
2019 Month-to-month Year-to-year
Jan 0.7 5.5
Feb -0.1 4.3
Mar 0.0 4.2
Apr 0.6 4.6
May 0.4  
Jun 0.4  
Jul 0.2 4.3
Aug 0.4 4.0
Sep 0.5 4.0
Oct 0.6 4.3
Nov*) 0.2 4.3

*) Preliminary figures 

 

Balance sheet