Suriname Currency Guide for Travelers and Businesses

In Suriname, the official currency is the Surinamese dollar, also known as the Suriname guilder.

You can exchange your money for Surinamese dollars at the airport, banks, or currency exchange offices.

The Surinamese dollar is subdivided into 100 cents, which are often used in everyday transactions.

Travelers often find that US dollars are widely accepted in tourist areas and major cities.

The Suriname guilder was the official currency of Suriname until 2004. It was replaced by the Suriname dollar, with 1,000 SRGs equaling 1 SRD.

You can still find cent coins in use, representing fractions of one dollar. These coins come in denominations of 1, 5, 10, 25, and 2.50 SRD.

The cent coins now represent fractions of one SRD, not one SRG.

The Suriname currency has a bit of a complicated history, but the Surinamese dollar has been the national currency since 2004, replacing the Suriname Guilder.

The Surinamese dollar is represented by the symbol $ or SRD, and it's subdivided into 100 cents.

Here are some key details about the Surinamese dollar:

Inflation has been a challenge for Suriname, with a rate of 34.9% in 2020, so it's essential to keep an eye on the economy when traveling or doing business there.

The Surinamese dollar is the official currency of Suriname, introduced in 2004 as a replacement for the Suriname guilder. It's a fascinating currency with some unique characteristics.

One of the most interesting facts about the Surinamese dollar is its ISO code, which is SRD. This code is used to identify the currency in international transactions.

The Surinamese dollar is divided into 100 cents, making it a relatively simple currency to work with. This division is a common feature among many currencies.

The Central Bank of Suriname (CBvS) is responsible for managing the Surinamese dollar and regulating the country's monetary policy. This ensures the stability of the currency.

Here are some key features of the Surinamese dollar:

The Surinamese dollar has been in circulation for over 18 years, providing a stable store of value for the people of Suriname.

Sending money to Suriname can be a challenge, especially with high fees and exchange rates from international banks. These fees can be as high as over 10% of your transfer amount.

If you're planning to send money to Suriname, you should know that there are alternative providers that offer better exchange rates. These providers can save you a significant amount of money on your transfer.

The Surinamese dollar is one of around 180 currencies worldwide, which means it trades against all other official currencies. This affects the exchange rate, which can fluctuate over time due to various economic, political, and market factors.

To find the best provider for your money transfer, you can use a live comparison tool like Monito's. This tool can help you find the cheapest provider in real-time, taking into account factors such as your location, transfer amount, and payment method.

Exchange rates can be essential when sending money to Suriname, as they can impact the value of your transfer. You can follow live exchange rates using Monito's currency pages, which also allow you to set up smart email alerts to track fluctuations.

The Surinamese dollar is the official currency of Suriname and is subdivided into 100 cents.

You can exchange your money for Surinamese dollars at the airport, banks, or currency exchange offices in major cities like Paramaribo.

The Surinamese dollar is pegged to the US dollar at a fixed rate of 1 USD = 3.5 SRD.

Credit cards are widely accepted in tourist areas, but cash is still the preferred method of payment.

You can withdraw Surinamese dollars from ATMs using your debit or credit card, but be aware of the high withdrawal fees.

The Surinamese dollar is also available in various denominations, including 10, 20, 50, 100, and 500 dollars.

It's a good idea to have some local currency with you when you arrive in Suriname, especially if you plan to visit rural areas.

The Suriname guilder was the official currency of Suriname until 2004, when it was replaced by the Suriname dollar.

Each Surinamese dollar replaced 1,000 SRGs, making it a significant change for the economy.

The cent coins representing fractions of one guilder remain in use, with denominations of 1, 5, 10, 25, 1 SRD, and 2.50 SRD.

Here's a breakdown of the banknote denominations:

The Suriname guilder was the official currency of Suriname until 2004, when it was replaced by the Suriname dollar.

The Suriname guilder was replaced by the Suriname dollar at a rate of 1,000 SRGs to 1 SRD.

You can still find cent coins representing fractions of one guilder in use, with denominations of 1, 5, 10, 25, 1 SRD, and 2.50 SRD.

These coins now represent fractions of one SRD, rather than SRG.

The Surinamese dollar has been the official currency of Suriname since January 1, 2004, replacing the Surinamese guilder at a rate of 1 dollar to 1,000 guilders.

The Surinamese dollar is a bit unique in that it's expressed in the singular on banknotes, following the Dutch custom.

Banknotes in Suriname come in denominations of 5, 10, 20, 50, and 100 SRD.

The introduction of the Surinamese dollar was prompted by high inflation, which has significantly reduced the purchasing power of the currency over the years.

To make handling cash easier, banknotes of 200 and 500 SRD were introduced in March 2024, following their announcement in August 2023.

Here are the denominations of Surinamese dollar banknotes: