April 25, 2019 Communiqué-Issue of money shipment to the next phase

Suriname has been experiencing the adverse effects of the cessation of regular money shipments for a long time, after a shipment was unexpectedly seized by the Dutch public prosecution service last year April. The earlier mentioned effects are shortage of cash us dollars and a surplus of cash euros and a negative influence on the exchange rate.

The time has come that the central bank and the commercial banks have unanimously decided to request the Dutch court to remove the order to seize the shipment.

The banks, which have never been designated as suspects, have fully cooperated with the investigation and have tried to resolve the matter in consultation with the Dutch public prosecution service.

However, the Dutch public prosecution service appeared to have insufficient ear for the arguments of the banks and for the negative impact on the Surinamese economy. That is why the matter is now being referred to the court. the team of lawyers awaits the outcome with confidence because the originally stated ground of the seizure has expired and there is no other reasonable ground for continuation of the seizure. 

Besides removing the order of the current seizure, the banks are working towards a solution for future money shipments so they can resume in the foreseeable future and the monetary situation normalizes. 

Central Bank of Suriname 

April 25, 2019

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
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar   4.4 26.8
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov   0.2 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar*)   0.5 5.8

*) Preliminary figures

 

 

Weighted Average RatesMay 08 - 15:00h (Transfers)

Currency Buying Selling
USD 36.290 36.424
EUR 40.676 41.530
GBP 48.368 49.316
XCG 19.940 20.330
AWG 20.161 20.556
BRL 6.315 6.439
TTD 5.338 5.442
BBD 17.889 18.240
XCD 13.441 13.704
GYD PER 100 17.244 17.582
CNY 5.014 5.112

Weighted Average RatesMay 08 - 15:00h (Banknotes)

Currency Buying Selling
USD 35.790 36.511
EUR 39.964 40.308
GBP 47.702 48.646
XCG 19.665 20.054
AWG 19.883 20.277
BRL 6.228 6.352
TTD 5.264 5.368
BBD 17.643 17.992
XCD 13.256 13.518
GYD PER 100 17.006 17.343
CNY 4.945 5.043

Gold CertificatesMay 08

Coupon SRD
5 gram 39.725,21
10 gram 79.450,42
50 gram 397.252,12
100 gram 794.504,25
500 gram 3.972.521,23
1000 gram 7.945.042,46
Gold LBMA USD 3.392,25 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD250507-1W 2025-05-07 6,6
CBTD250430-1W 2025-04-30 7,7
CBTD250423-1W 2025-04-23 7,7
CBTD250416-1W 2025-04-16 7,1

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD250507-1W 2025-05-07 7,9
CBTD250430-1W 2025-04-30 9,2
CBTD250423-1W 2025-04-23 9,2
CBTD250416-1W 2025-04-16 8,5
Balance sheet

Inflation

    Average End-of-period
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar   4.4 26.8
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov   0.2 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar*)   0.5 5.8

*) Preliminary figures