Educational morning at the Central Bank of Suriname

As a part of the yearly vacation activity, initiated by the Ministry of Sport and Youth Affairs, a few students visited the Central Bank of Suriname (CBvS) on Friday 6 September 2019.

In this context, the Bank developed a special program for the students. 

The Research department held a presentation about “The Government and the Central Bank of Suriname”.

The purpose of this presentation was to teach them what the government’s role is, and that the government can make decisions for   Suriname as country. This is based on the three powers; the Judicial, the Executive and the Legislative.

  

Photo 1: Mr. Mungroo, from the Research department during

                the presentation “the Government and the Central Bank”. 

 

Further, the government’s budget was citied and they explained when there is a budget surplus or - deficit. Also the five functions of the CBvS were shown in a short video and the importance of a collaboration  between the  Ministry of Finance and the CBvS, as  monetary authorities, was highlighted as well.  

The second presentation focused on, “The importance of Financial Inclusion and the National Risk Assessment”. In this presentation, the Bank employees discussed in depth the definitions of these terms and the relationship between Financial Inclusion and the National Risk Assessment.

 

Photo 2: The youngsters are listening to a presentation

                about the Importance of Financial Inclusion. 

 

 

Photo 3: Interactive session, where the benefits of

                Financial Inclusion were highlighted

 

 

Photo 4: Furthermore the relationship between Financial Inclusion

                and the National Risk Assessment was discussed.

 

The students were also showned around the library of the Bank and the Numismatic Museum.

Photo 5: The tour in the Numismatic Museum of the CBvS

 

 

Foto 6: Some youngsters in the library of the CBvS 

The students experienced the day as very instructive and pleasant. The Central Bank of Suriname can therefore look back on a successful day!

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
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov   0.2 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar*)   0.5 5.8

*) Preliminary figures

 

 

Weighted Average RatesMay 09 - 15:00h (Transfers)

Currency Buying Selling
USD 35.825 36.299
EUR 40.420 41.620
GBP 47.553 48.485
XCG 19.684 20.070
AWG 19.903 20.293
BRL 6.333 6.458
TTD 5.269 5.373
BBD 17.660 18.006
XCD 13.269 13.529
GYD PER 100 17.023 17.357
CNY 4.948 5.045

Weighted Average RatesMay 09 - 15:00h (Banknotes)

Currency Buying Selling
USD 36.123 36.414
EUR 39.792 40.274
GBP 47.948 48.897
XCG 19.848 20.241
AWG 20.068 20.466
BRL 6.386 6.513
TTD 5.313 5.418
BBD 17.807 18.160
XCD 13.379 13.644
GYD PER 100 17.165 17.505
CNY 4.989 5.088

Gold CertificatesMay 09

Coupon SRD
5 gram 39.122,65
10 gram 78.245,30
50 gram 391.226,51
100 gram 782.453,02
500 gram 3.912.265,11
1000 gram 7.824.530,21
Gold LBMA USD 3.352,30 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD250507-1W 2025-05-07 6,6
CBTD250430-1W 2025-04-30 7,7
CBTD250423-1W 2025-04-23 7,7
CBTD250416-1W 2025-04-16 7,1

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD250507-1W 2025-05-07 7,9
CBTD250430-1W 2025-04-30 9,2
CBTD250423-1W 2025-04-23 9,2
CBTD250416-1W 2025-04-16 8,5
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
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov   0.2 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar*)   0.5 5.8

*) Preliminary figures