In 2012 inflation was significantly lower than in 2011 (figure 1). The annual average inflation was 5.0%, while the 12-month figure dropped from 15.3% at end 2011 to 4.4 % at end 2012. Early last year, the Central Bank had announced a policy target of between 5% and 6%, which has thus been achieved. The policy anchor is maintained at 5% or less for 2013.

In 2012 the Central Bank of Suriname removed 170 falsified Surinamese dollar bills out of circulation. In recent years large quantities of counterfeit bills have been intercepted. The majority are imitations of bills from the emissions that have been issued before end-2010. In comparison, the new bills that have been brought into circulation from November 2010 onwards appear less subject to falsification. Only 36 bills that were representations of the new bills have been detected.

Exchange RatesFebruary 26th and until further notice

Currency Buying Selling
USD 7,396 7,520
EUR 7,977 8,145
GBP 9,477 9,714
ANG 4,112 4,228
AWG 4,112 4,228
BRL 1,655 1,714
TTD 1,079 1,114
BBD 3,667 3,760
XCD 2,712 2,783
PER 100 GYD 3,489 3,607

Gold CertificatesFebruary 26th and until further notice

Coupon SRD
5 gram 4.038,10
10 gram 8.076,20
50 gram 40.381,00
100 gram 80.762,00
500 gram 403.809,99
1000 gram 807.617,98
Gold LME: USD 1.670,20 /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 4.4#  4.2 
     
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
Sep 0.5 4.0
Oct 0.6 4.3
Nov 0.3 4.3
Dec 0.1 4.2
     
2020 Month-to-month Year-to-year
Jan*) 0.7 4.2

*) Preliminary figures

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

 

Exchange RatesFebruary 26th until further notice

Currency Buying Selling
USD 7,396 7,520
EUR 7,977 8,145
GBP 9,477 9,714
ANG 4,112 4,228
AWG 4,112 4,228
BRL 1,655 1,714
TTD 1,079 1,114
BBD 3,667 3,760
XCD 2,712 2,783
PER 100 GYD 3,489 3,607
CNY 1,036 1,069

Gold CertificatesFebruary 26th until further notice

Coupon SRD
5 gram 4.038,10
10 gram 8.076,20
50 gram 40.381,00
100 gram 80.762,00
500 gram 403.809,99
1000 gram 807.617,98
Gold LME: USD 1.670,20 /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 4.4#  4.2 
     
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
Sep 0.5 4.0
Oct 0.6 4.3
Nov 0.3 4.3
Dec 0.1 4.2
     
2020 Month-to-month Year-to-year
Jan*) 0.7 4.2

*) Preliminary figures

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

 

Balance sheet