Young people “Mi Na Gowtu” program visit the Central Bank of Suriname

A number of young people associated with the Center for Communication and Public Relations (CCPR), with the “Mi Na Gowtu” program, visited the Central Bank of Suriname on August 21, 2019. This program, which lasts 1 year, has "Budgeting" as a theme for the month of August. In this context, a group of young people in the age group 12-14 years has visited the Central Bank of Suriname, where a presentation was given about the Government Budget. The young people were given a presentation at the counter of the Cashier department. This to give them a picture of the procedure that the banknotes undergo before they reach the public. Finally, they visited the Numismatic Museum, where they were given a presentation about the development and origin of money in Suriname from 1667 till now.

Picture 1:
The youngsters are listening carefully to the instructions.

 

Picture 2: Group picture in front of the Central Bank building

 

In the interactive presentation, held by Mr. Albert Mungroo from the Research department, it is stated briefly that Suriname as a country also has a budget and must make decisions on how to spend it. It is also indicated how the budget is drawn up and which institutes are responsible for this. Finally, the functions of the Central Bank were highlighted as well. A few assignments have been given to these young people to test if the presentation is understood well.

Picture 3:
An explanation was given about the “separation of powers” ; the Legislative, the Executive and the Judicial.

Picture 4: The youngsters receive a tour in the Numismatic Museum

 

Picture 5: The young people at the Cashier department

 

 

Exchange RatesMarch 09th and until further notice

Currency Buying Selling
USD 14,018 14,290
EUR 16,628 16,959
GBP 19,396 19,782
ANG 7,699 7,852
AWG 7,784 7,939
BRL 2,438 2,485
TTD 2,063 2,103
BBD 6,907 7,044
XCD 5,190 5,293
PER 100 GYD 6,657 6,790

Gold CertificatesMarch 09th and until further notice

Coupon SRD
5 gram 7.814,97
10 gram 15.629,94
50 gram 78.149,69
100 gram 156.299,39
500 gram 781.496,94
1000 gram 1562993,88
Gold LME: USD 1.701,00 /tr.oz.

Inflation

    Average End-of-period
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar*   4.4 26.8

*) Preliminary figures

 

 

Weighted Average RatesMay 20 - 15:00h (Transfers)

Currency Buying Selling
USD 32.425 32.668
EUR 34.952 35.449
GBP 41.166 41.973
ANG 17.816 18.165
AWG 18.014 18.367
BRL 6.335 6.459
TTD 4.792 4.886
BBD 15.984 16.297
XCD 12.009 12.245
GYD PER 100 15.407 15.709
CNY 4.483 4.571

Weighted Average RatesMay 20 - 15:00h (Banknotes)

Currency Buying Selling
USD 31.920 32.577
EUR 33.843 34.352
GBP 40.525 41.327
ANG 17.538 17.886
AWG 17.733 18.084
BRL 6.236 6.360
TTD 4.717 4.810
BBD 15.735 16.047
XCD 11.822 12.056
GYD PER 100 15.167 15.468
CNY 4.413 4.500

Gold CertificatesMay 20

Coupon SRD
5 gram 25.234,50
10 gram 50.469,01
50 gram 252.345,03
100 gram 504.690,06
500 gram 2.523.450,31
1000 gram 5.046.900,63
Gold LBMA USD 2.402,60 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD240515-1W 2024-05-15 23,3
CBTD240508-1W 2024-05-08 24,9
CBTD240502-1W 2024-05-02 30,0
CBTD240424-1W 2024-04-24 34,6

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD240515-1W 2024-05-15 28,0
CBTD240508-1W 2024-05-08 29,9
CBTD240502-1W 2024-05-02 36,0
CBTD240424-1W 2024-04-24 41,5
Balance sheet

Inflation

    Average End-of-period
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar*   4.4 26.8

*) Preliminary figures