 |
|
 |
 |
 |
 |
|
|
Info
Regions
|
|
|
|
|
|
|
|
|
|
|
|
|
Country Guide > South America > Surinam | |
Currency Surinam Dollar (SRD) = 100 cents. Notes are in denominations of SRD100, 50, 20, 10 and 5. Coins are in denominations of 250, 100, 25, 10, 5 and 1 cents. Note: On 1 January 2004, the Surinam Dollar replaced the Surinam Guilder as the new monetary system. The new currency will enable the Central Bank to re-value the present gulden system to a ratio of 1000 guldens per 1 Surinam Dollar, and not have to differentiate between old and new guldens. The existing gulden coins will not have to be re-issued but will maintain their value and be incorporated into the new system. Surinam Dollars are tied to US Dollars. Old Surinamese bank notes can only be exchanged at the Central Bank. Early indications show the following exchange rates for the Surinam Dollar against Sterling and the US Dollar: (Feb ’04): £1= SRD$4.98; $1= SRD$2.74. (May ’04): £1 =SRD$4.88; $1= SRD$2.73 (Formerly, the monetary system in Surinam was: Surinam Guilder (SG) = 100 cents. Notes are in denominations of SG25,000, 10,000, 5000, 2000, 1000, 100, 25, 10 and 5. Coins are in denominations of 25, 10 and 5 cents.) Currency exchange Surinam Dollars are the only legal tender; since the introduction of the new monetary system from the former gulden system, gulden coins are still in circulation, however they have been re-valued to a ratio of 1000 guldens per 1 Surinam Dollar. The Central Bank is authorised to exchange money. Credit & debit cards American Express and MasterCard are the most widely accepted credit cards; Diners Club has limited acceptance. Check with your credit or debit card company for merchant acceptability and other facilities which may be available. Travellers cheques Must be changed at banks. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Pounds Sterling or US Dollars. Currency restrictions The import of foreign and local currency is unlimited, provided amounts in excess of US$10,000 are declared on arrival. On departure, the imported foreign currency can be exported again, up to the amount declared on arrival. The export of local currency is limited to SRD$1000. Exchange rate indicators The following figures are included as a guide to the movements of the Surinam Guilder against Sterling and the US Dollar:
Banking hours Mon-Fri 0730-1400. |