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.


Bron: Algemeen Bureau voor de Statistiek

The Central Bank reports that both the Bank and the Ministry of Finance have expressed a commitment to low-inflation policies. In the first place, central bank financing of a possible budget deficit should be contained. Furthermore, efforts to reduce pressure on prices will be discussed with the social partners, notes the mother bank. It goes on to say that historically the Bank has had only a few monetary instruments at its disposal; such as currently, the cash reserves ratio. The bank therefore plans to introduce more instruments such as open market operations and a modern interbank lending facility in the near future.

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
       
2021   Month-to-month Year-to-year
Jan   2.6 63.8
Feb   1.3 61.9
Mar   2.1 50.4
Apr   3.5 44.4
May   4.2 43.6
Jun   10.8 54.0
Jul   5.7 58.9
Aug   11.6 74.4
Sep   1.3 69.5
Oct   1.5 60.6
Nov   3.3 63.4
Dec   1.3 60.7
       
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

*) Preliminary figures

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

 

Weighted Average RatesFebruary 07 - 15:00h (Transfers)

Currency Buying Selling
USD 32.520 32.703
EUR 34.670 34.897
GBP 38.949 39.713
ANG 17.868 18.218
AWG 18.067 18.421
BRL 6.302 6.425
TTD 4.783 4.877
BBD 16.031 16.345
XCD 12.044 12.281
PER 100 GYD 15.453 15.755
CNY 4.792 4.886

Weighted Average RatesFebruary 07 - 15:00h (Banknotes)

Currency Buying Selling
USD 32.231 32.681
EUR 33.558 33.751
GBP 38.603 39.367
ANG 17.709 18.060
AWG 17.906 18.261
BRL 6.246 6.370
TTD 4.740 4.834
BBD 15.889 16.203
XCD 11.937 12.174
PER 100 GYD 15.315 15.619
CNY 4.750 4.844

Gold CertificatesFebruary 07

Coupon SRD
5 gram 19.695,82
10 gram 39.391,64
50 gram 196.958,20
100 gram 393.916,41
500 gram 1.969.582,03
1000 gram 3.939.164,07
Gold LBMA USD 1.873,25 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD230201-1W 2023-02-01 47,9
CBTD230125-1W 2023-01-25 49,4
CBTD230118-1W 2023-01-18 59,7
CBTD230111-1W 2023-01-11 73,9

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD230201-1W 2023-02-01 57,5
CBTD230125-1W 2023-01-25 59,3
CBTD230118-1W 2023-01-18 71,6
CBTD230111-1W 2023-01-11 88,7
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
       
2021   Month-to-month Year-to-year
Jan   2.6 63.8
Feb   1.3 61.9
Mar   2.1 50.4
Apr   3.5 44.4
May   4.2 43.6
Jun   10.8 54.0
Jul   5.7 58.9
Aug   11.6 74.4
Sep   1.3 69.5
Oct   1.5 60.6
Nov   3.3 63.4
Dec   1.3 60.7
       
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

*) Preliminary figures

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