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
Mar*   4.4 26.8

*) Preliminary figures

 

 

Weighted Average RatesMay 03 - 15:00h (Transfers)

Currency Buying Selling
USD 32.806 33.598
EUR 34.881 35.629
GBP 41.189 41.996
ANG 18.025 18.379
AWG 18.226 18.583
BRL 6.418 6.544
TTD 4.840 4.934
BBD 16.172 16.489
XCD 12.150 12.389
GYD PER 100 15.589 15.894
CNY 4.531 4.619

Weighted Average RatesMay 03 - 15:00h (Banknotes)

Currency Buying Selling
USD 30.055 30.780
EUR 31.233 31.836
GBP 37.735 38.482
ANG 16.514 16.841
AWG 16.697 17.028
BRL 5.880 5.997
TTD 4.434 4.522
BBD 14.816 15.109
XCD 11.131 11.352
GYD PER 100 14.281 14.564
CNY 4.151 4.233

Gold CertificatesMay 03

Coupon SRD
5 gram 24.724,16
10 gram 49.448,31
50 gram 247.241,57
100 gram 494.483,14
500 gram 2.472.415,72
1000 gram 4.944.831,44
Gold LBMA USD 2.288,85 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD240502-1W 2024-05-02 30,0
CBTD240424-1W 2024-04-24 34,6
CBTD240417-1W 2024-04-17 34,3
CBTD240411-1W 2024-04-11 34,0

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD240502-1W 2024-05-02 36,0
CBTD240424-1W 2024-04-24 41,5
CBTD240417-1W 2024-04-17 41,2
CBTD240411-1W 2024-04-11 40,8
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