From May 27th to June 1st the Central Bank of Suriname was present at the Children’s Book Fair in Paramaribo.
The activities at the fair were divided into different age categories, namely toddlers (age 4-6),

the middle groups of primary school (age 8-10) and the highest classes of primary school (age 11-14). Generally the activities are aimed to promote reading and to educate children in an entertaining way.

Puppet play
The Central Bank of Suriname organised a puppet play on money for the toddlers. The puppets told a story about money and their choice to consume or save money. Next, the children all received 0.25 cents, which they could spend in the mini shop. After consuming, they could put their change in the class’ piggy bank. In the weeks after the fair, the class could keep on saving. Savings collected would be donated by the class to other children in need. The class would then earn a piggy bank for every child.

Money quiz
For the older children (aged 8 – 14) a big tent was changed into a gaming arena. On four flat screen TV’s a stand-in for the Governor, Professor Master Wealth, would narrate to the children the history of money in Suriname: from the 17th century exchange goods and coins until our current Surinamese dollar. After the film an interactive quiz started, testing the children’s knowledge on money. Quiz winners received a clip-on reading lamp in line with the fair’s theme.

All information used was based on the Central Bank’s book ‘Ons Geld’ (Our Money) which was published last year. Moreover, this event fits right into the Central Bank’s goal to start financial education at an early age in order to upgrade society’s knowledge on financial issues.

Next to participating in this annual event, the Central Bank contributes to the newly launched Children’s Newspaper. An article on the Money Museum and one on uses of money were published on May 27th. The Central Bank will continue to contribute to this Children’s Newspaper each coming month.

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

*) Preliminary figures

 

 

Weighted Average RatesApril 17 - 15:00h (Transfers)

Currency Buying Selling
USD 34.620 34.801
EUR 36.586 37.109
GBP 43.125 43.970
ANG 19.022 19.395
AWG 19.233 19.610
BRL 6.571 6.700
TTD 5.124 5.225
BBD 17.066 17.401
XCD 12.822 13.074
GYD PER 100 16.450 16.773
CNY 4.783 4.876

Weighted Average RatesApril 17 - 15:00h (Banknotes)

Currency Buying Selling
USD 33.875 34.271
EUR 35.067 35.527
GBP 42.197 43.032
ANG 18.613 18.981
AWG 18.819 19.192
BRL 6.430 6.557
TTD 5.014 5.113
BBD 16.699 17.030
XCD 12.546 12.795
GYD PER 100 16.096 16.415
CNY 4.680 4.772

Gold CertificatesApril 17

Coupon SRD
5 gram 26.507,88
10 gram 53.015,76
50 gram 265.078,81
100 gram 530.157,63
500 gram 2.650.788,15
1000 gram 5.301.576,30
Gold LBMA USD 2.369,15 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD240417-1W 2024-04-17 34,3
CBTD240411-1W 2024-04-11 34,0
CBTD240403-1W 2024-04-03 37,8
CBTD240327-1W 2024-03-27 37,2

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD240417-1W 2024-04-17 41,2
CBTD240411-1W 2024-04-11 40,8
CBTD240403-1W 2024-04-03 45,4
CBTD240327-1W 2024-03-27 44,6
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

*) Preliminary figures