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Suriname has experienced high growth rates in the past; yet the country has been plagued by boom and bust cycles, which have mainly stemmed from volatility in the income from mining. The economy is very dependent on exports of bauxite and oil, and more recently, gold in addition. As international prices for these commodities have gone up and down, so did the revenue for the country. The first impact has always been delivered on the government finances, and deficits emerged.

Suriname is rapidly capturing the attention of the global community from impressive economic performance and an ambitious social economic policy agenda.

Exchange RatesOctober 21st and until further notice

Currency Buying Selling
USD 7,396 7,520
EUR 8,217 8,390
GBP 9,469 9,706
ANG 4,112 4,228
AWG 4,112 4,228
BRL 1,746 1,808
TTD 1,076 1,110
BBD 3,667 3,760
XCD 2,712 2,783
PER 100 GYD 3,481 3,599

Gold CertificatesOctober 21st and until further notice

Coupon SRD
5 gram 3.604,84
10 gram 7.209,68
50 gram 36.048,42
100 gram 72.096,84
500 gram 360.484,19
1000 gram 720.968,38
Gold LME: USD 1.491,00 /tr.oz.

Inflation

  Average End-of-period
2012 5.0 4.3
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 Month-to-month Year-to-year
Jan 0.7 5.5
Feb -0.1 4.3
Mar 0.0 4.2
Apr 0.6 4.6
May 0.4  
Jun 0.4  
Jul 0.2 4.3
Aug* 0.4 4.0

*) Preliminary figures 

 

Exchange RatesOctober 21st until further notice

Currency Buying Selling
USD 7,396 7,520
EUR 8,217 8,390
GBP 9,469 9,706
ANG 4,112 4,228
AWG 4,112 4,228
BRL 1,746 1,808
TTD 1,076 1,110
BBD 3,667 3,760
XCD 2,712 2,783
PER 100 GYD 3,481 3,599
CNY 1,028 1,062

Gold CertificatesOctober 21st until further notice

Coupon SRD
5 gram 3.604,84
10 gram 7.209,68
50 gram 36.048,42
100 gram 72.096,84
500 gram 360.484,19
1000 gram 720.968,38
Gold LME: USD 1.491,00 /tr.oz.

Inflation

  Average End-of-period
2012 5.0 4.3
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 Month-to-month Year-to-year
Jan 0.7 5.5
Feb -0.1 4.3
Mar 0.0 4.2
Apr 0.6 4.6
May 0.4  
Jun 0.4  
Jul 0.2 4.3
Aug* 0.4 4.0

*) Preliminary figures 

 

Balance sheet