On July 16, 2020, the meeting of the "Experts Group on Financial Inclusion Policy" (EGFIP) of the Latin America and the Caribbean Initiative (FILAC) took place through a virtual meeting. This meeting was supposed to be held physically in Suriname, but because of the COVID-19 pandemic, it took place virtually.

FILAC is the platform for institutions that are members of the Alliance for Financial Inclusion (AFI) in the Latin America and Caribbean (LAC) to share and support their policies and regulatory frameworks related to financial inclusion development. The topics discussed during this meeting are: MSMEs, Gender and Digital Financial Services.

Mr. Norbert Mumba, Deputy Executive Director of AFI made the opening statement on behalf of AFI. In his opening speech, he emphasized the importance of digital financial services during the COVID-19 pandemic that the world is now in, especially for vulnerable groups such as Micro, Small and Medium Enterprises and women.

Mr. William Orie, Deputy Governor for Monetary and Economic Affairs, delivered the opening speech on behalf of the Governor of the Central Bank of Suriname. Mr. Orie indicated, among other things, that Suriname was also affected by the consequences of the COVID-19 pandemic. Digital financial services have also become indispensable for Suriname, in particular for making financial products and services available to the community, in particular residents in remote areas. The Central Bank of Suriname has already taken various steps to improve this and further stimulate it. Cherida Pollack-Hoogvliets of the International Relations Department also shared a PowerPoint presentation on the topic “Suriname's Journey on Financial Inclusion”.

Furthermore, during the meeting, the various Central Banks in the region provided an update on their COVID-19 crisis responses and policy solutions for MSMEs, among others, with a specific focus on digital financial services, SME financing and gender inclusive financing.

On July 17, AFI will provide a Public Private Development Training in collaboration with MasterCard. The aim of this training is to share insights on how to promote digital financial inclusion of MSMEs through technology, education and partnerships.

 

Photo 1 and 2: Deputy Governor, William Orie during the opening speech.

 

Photo 3: Cherida Pollack-Hoogvliet (left) and Vanessa D'Costa-Chehin (right) of the International Relations Department participated as well.

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 08 - 15:00h (Transfers)

Currency Buying Selling
USD 36.290 36.424
EUR 40.676 41.530
GBP 48.368 49.316
XCG 19.940 20.330
AWG 20.161 20.556
BRL 6.315 6.439
TTD 5.338 5.442
BBD 17.889 18.240
XCD 13.441 13.704
GYD PER 100 17.244 17.582
CNY 5.014 5.112

Weighted Average RatesMay 08 - 15:00h (Banknotes)

Currency Buying Selling
USD 35.790 36.511
EUR 39.964 40.308
GBP 47.702 48.646
XCG 19.665 20.054
AWG 19.883 20.277
BRL 6.228 6.352
TTD 5.264 5.368
BBD 17.643 17.992
XCD 13.256 13.518
GYD PER 100 17.006 17.343
CNY 4.945 5.043

Gold CertificatesMay 08

Coupon SRD
5 gram 39.725,21
10 gram 79.450,42
50 gram 397.252,12
100 gram 794.504,25
500 gram 3.972.521,23
1000 gram 7.945.042,46
Gold LBMA USD 3.392,25 /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