Supervision Act Money Transaction Offices 2012

Click here for the Supervision Act Money Transaction Offices 2012

Banking Supervision Act-November 2011 (unofficial translation)

Click here for the Banking Supervision Act-November 2011

Capital Market Act 2014

Click here for the pdf.

Central Bank Act 1956 (as amended in 2010)

Click here for the pdf.

Legal Framework governing Suriname’s financial sector

There are five main laws governing Suriname’s financial sector: (1) the Bank Act 1956, (2) the Banking and Credit System Supervision Act 2011, (3) the Pension and Provident Fund Act 2005, (4) the Banking and Credit System Supervision Act 1968 (for insurance companies), and (5) the Foreign Exchange Houses and Money Transfer Companies Act 2012.

  1. Laws and regulations on the supervision of the financial system
  2. Progress in implementing a Deposit Insurance System in Suriname (DIS)
  3. Creating a Credit Bureau in Suriname

Subcategories

Regulations

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

*) Preliminary figures

 

 

Weighted Average RatesNovember 28 - 12:30h (Transfers)

Currency Buying Selling
USD 37.869 38.019
EUR 40.344 41.171
GBP 47.757 48.693
ANG 20.807 21.215
AWG 21.038 21.451
BRL 7.737 7.888
TTD 5.597 5.707
BBD 18.668 19.034
XCD 14.026 14.300
PER 100 GYD 17.994 18.347
CNY 5.294 5.398

Weighted Average RatesNovember 28 - 12:30h (Banknotes)

Currency Buying Selling
USD 37.139 37.510
EUR 38.586 39.027
GBP 46.837 47.764
ANG 20.406 20.810
AWG 20.633 21.041
BRL 7.587 7.738
TTD 5.489 5.598
BBD 18.308 18.670
XCD 13.755 14.028
PER 100 GYD 17.647 17.997
CNY 5.192 5.295

Gold CertificatesNovember 23

Coupon SRD
5 gram 24.614,23
10 gram 49.228,45
50 gram 246.142,27
100 gram 492.284,54
500 gram 2.461.422,68
1000 gram 4.922.845,36
Gold LBMA USD 2.013,70 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD231122-1W 2023-11-22 23,7
CBTD231115-1W 2023-11-15 20,0
CBTD231108-1W 2023-11-08 29,2
CBTD231101-1W 2023-11-01 27,1

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD231122-1W 2023-11-22 28,4
CBTD231115-1W 2023-11-15 24,0
CBTD231108-1W 2023-11-08 35,0
CBTD231101-1W 2023-11-01 32,5
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

*) Preliminary figures