What is the currency of Suriname?

The currency of Suriname is the Surinamese dollar.

The Surinamese dollar, with the international code SRD, has been Suriname’s currency since 2004. It is divided into 100 cents and is normally written with $ or Sr$ to distinguish it from other dollar-denominated currencies. The Central Bank of Suriname is responsible for issuing it.

The currency replaced the Surinamese guilder on 1 January 2004 at a conversion rate of 1 dollar to 1,000 guilders. The transition had an unusual feature: existing small coins could retain their face value as new cents, so some older coins continued circulating after the currency change. Banknotes initially appeared later than planned because of printing delays.

Surinamese speakers often use “SRD” in everyday conversation, partly because the unqualified word “dollar” may be understood as referring to the U.S. dollar. The U.S. dollar is also used for some high-value goods and pricing, but it is not Suriname’s official national currency. Another common mix-up is the Netherlands Antillean guilder, which belongs to the Caribbean currencies of Curaçao and Sint Maarten, not Suriname.

The Surinamese dollar has faced substantial inflation and exchange-rate pressure. In June 2021, it was devalued by 33% and moved toward a freely floating exchange rate.