Surinamese Dollar

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Surinamese Dollar

The currency of Suriname. It was introduced in 2004, replacing the Surinamese guilder. Its exchange rate closely follows the U.S. dollar.

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Several years ago, the country eliminated its deteriorating currency, the Surinamese guilder, knocking off three zeros and replacing it with the Surinamese dollar, currently worth 2.75 to the U.S.

Suriname a culture of tolerance: this thirty-year-old nation is a harmonious home to diverse religious and ethnic groups and the world's largest nature reserve

1, 2004 introduced the Surinamese dollar to simplify calculations, converge an elaborate system of exchange rates and replace the devalued guilder, the colonial currency.

Wall St. looks at Suriname

"The government thinks it is the right time to join the Caribbean by changing over from the Surinamese guilder to the Surinamese dollar," President Ronald Venetiaan said.

Suriname changing name of currency

In a bid to offer some relief, the government is providing a subsidy of 6 million Surinamese dollars (US$2.2 million), said Minister Kermechend Raghoebarsing of Agriculture, Animal Husbandry and Fisheries (LVV).

Aid to fisheries sector

In February 2006 the embassy delivered equipment worth approximately $30,000 (84,000 Surinamese dollars) to support a project to preserve Moravian church archives.