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
2013   1.9 0.6
2014   3.4 3.9
2015   6.9 25.1
2016   55.5 52.4
2017   22.0  9.2 
2018   6.8# 5.4 
2019   4.4#  4.2 
2020   34.9 60.8
2021   59.1  60.7 
2022   52.4 54.6
       
2022   Month-to-month Year-to-year
Jan   3.1 61.5
Feb   1.7 62.1
Mar   2.2 62.2
Apr   1.9 59.8
May   2.7 57.5
Jun   9.1 55.1
Jul   1.7 49.2
Aug   4.0 39.1
Sep   3.3 41.9
Oct   6.5 49.0
Nov   3.7 49.5
Dec   4.7 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb*   3.3 57.9

*) Preliminary figures

# 10-months inflation (Computations without data for May and June)

 

Weighted Average RatesMarch 31 - 12:30h (Transfers)

Currency Buying Selling
USD 34.934 36.235
EUR 38.278 38.810
GBP 43.211 44.057
ANG 19.195 19.571
AWG 19.408 19.788
BRL 6.888 7.023
TTD 5.161 5.262
BBD 17.221 17.559
XCD 12.939 13.192
PER 100 GYD 16.600 16.925
CNY 5.081 5.181

Weighted Average RatesMarch 31 - 15:00h (Banknotes)

Currency Buying Selling
USD 36.037 36.536
EUR 37.667 38.276
GBP 44.575 45.457
ANG 19.801 20.193
AWG 20.021 20.417
BRL 7.105 7.246
TTD 5.324 5.429
BBD 17.765 18.116
XCD 13.347 13.611
PER 100 GYD 17.124 17.463
CNY 5.242 5.346

Gold CertificatesMarch 31

Coupon SRD
5 gram 22.822,20
10 gram 45.644,41
50 gram 228.222,03
100 gram 456.444,05
500 gram 2.282.220,26
1000 gram 4.564.440,53
Gold LBMA USD 1.965,80 / tr.oz

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD230329-1W 2023-03-29 29,2
CBTD230222-1W 2023-03-22 25,1
CBTD230315-1W 2023-03-15 27,7
CBTD230308-1W 2023-03-08 26,8

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD230329-1W 2023-03-29 35,0
CBTD230222-1W 2023-03-22 30,1
CBTD230315-1W 2023-03-15 33,2
CBTD230308-1W 2023-03-08 32,2
Balance sheet

Inflation

    Average End-of-period
2013   1.9 0.6
2014   3.4 3.9
2015   6.9 25.1
2016   55.5 52.4
2017   22.0  9.2 
2018   6.8# 5.4 
2019   4.4#  4.2 
2020   34.9 60.8
2021   59.1  60.7 
2022   52.4 54.6
       
2022   Month-to-month Year-to-year
Jan   3.1 61.5
Feb   1.7 62.1
Mar   2.2 62.2
Apr   1.9 59.8
May   2.7 57.5
Jun   9.1 55.1
Jul   1.7 49.2
Aug   4.0 39.1
Sep   3.3 41.9
Oct   6.5 49.0
Nov   3.7 49.5
Dec   4.7 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb*   3.3 57.9

*) Preliminary figures

# 10-months inflation (Computations without data for May and June)