The Jeddah-based Islamic Development Bank (IsDB) Group has embarked on a two-year (2014 -2015) Interim Member Country Partnership Strategy (MCPS) for Suriname. Under this Interim Strategy, the IsDB intends to contribute to the development priorities of the Government of Suriname underlined in the country’s Five Year Development Plan (2012-2016). In particular, the Strategy is aimed at partnering with the country in its efforts to address the development needs of the country.  

 

The Interim MCPS has been formulated by the Government of Suriname and the IsDB through a consultative process with the relevant stakeholders. This Strategy is regarded as the first step taken by the Bank to enhance its cooperation with Suriname and address some of the most pressing needs of the country. This Interim Strategy will be followed by a full-fledged IsDB Group MCPS, which will be undertaken in close consultation with all the key stakeholders in the country.

 

Under the Interim MCPS, the IsDB will provide support in four major areas namely: i) Healthcare Services; ii) Skills Development / Vocational Training; iii) Sea Transportation (i.e. rehabilitation and expansion of the Nieuw Nickerie Seaport through dredging and construction of warehousing facilities); and iv) Institutional Capacity Building including cyber security. The IsDB is currently processing two projects  with a contribution of US$68 million under this Interim MCPS, while the other programs are under discussion and preparation stage.

 

In the coming years, the Bank’s Strategy will lead to a scale up of its development assistance to further strengthen socio-economic development of Suriname. IsDB’s engagement will be highly selective through implementation of high-yielding operations with greater impact on the lives of people. The future Strategy will also explore the best possible operational modalities to serve the country more effectively given its geographical location and long distance from the rest of the IsDB membership and the IsDB Headquarters in Jeddah, Kingdom of Saudi Arabia.  The IsDB will also strive to enhance its relationship with other development partners active in Suriname, within the overall context of synergy, development effectiveness and harmonization.

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

 Period   Average End-of-period
2020   34.9 60.8
2021   59.1 60.7
2022   52.4 54.6
2023   51.6 32.6
2024   16.2 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar   0.5 5.7
Apr   0.7 5.7
May*)   0.8 6.0

*) Preliminary figures

 

 

Weighted Average RatesJuly 02 - 15:00h (Transfers)

Currency Buying Selling
USD 37.044 37.481
EUR 44.469 45.052
GBP 50.605 51.596
XCG 20.354 20.753
AWG 20.580 20.983
BRL 6.766 6.899
TTD 5.466 5.573
BBD 18.261 18.619
XCD 13.720 13.989
GYD PER 100 17.602 17.947
CNY 5.167 5.268

Weighted Average RatesJuly 02 - 15:00h (Banknotes)

Currency Buying Selling
USD 38.339 39.032
EUR 44.507 45.094
GBP 52.374 53.411
XCG 21.065 21.482
AWG 21.299 21.721
BRL 7.003 7.142
TTD 5.657 5.769
BBD 18.900 19.274
XCD 14.200 14.481
GYD PER 100 18.218 18.578
CNY 5.348 5.454

Gold CertificatesJuly 02

Coupon SRD
5 gram 40.356,83
10 gram 80.713,66
50 gram 403.568,31
100 gram 807.136,62
500 gram 4.035.683,09
1000 gram 8.071.366,18
Gold LBMA USD 3.349,00 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD250702-1W 2025-07-02 5,9
CBTD250625-1W 2025-06-25 5,9
CBTD250618-1W 2025-06-18 5,8
CBTD250611-1W 2025-06-11 10,2

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD250702-1W 2025-07-02 7,1
CBTD250625-1W 2025-06-25 7,1
CBTD250618-1W 2025-06-18 7,0
CBTD250611-1W 2025-06-11 12,2
Balance sheet

Inflation

 Period   Average End-of-period
2020   34.9 60.8
2021   59.1 60.7
2022   52.4 54.6
2023   51.6 32.6
2024   16.2 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar   0.5 5.7
Apr   0.7 5.7
May*)   0.8 6.0

*) Preliminary figures