Surinamese gulden

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Surinamese gulden
Surinaamse gulden (Dutch)
100 gulden of 1985 1 gulden or 100 cents
100 gulden of 1985 1 gulden or 100 cents
ISO 4217 Code SRG
User(s) Suriname
Inflation 23%
Source The World Factbook (archived), 2003 est.
Subunit
1/100 cent
Symbol ƒ or fl
Plural gulden
cent cent
Coins 1, 5, 10, 25, 100, 250 cent
Banknotes 5, 10, 25, 100, 500, 1000, 5000, 10 000, 25 000 gulden
Central bank Centrale Bank van Suriname
Website www.cbvs.sr
This infobox shows the latest status before this currency was rendered obsolete.

The gulden (currency code SRG) was the currency of Suriname from 1962 until 2004. It was divided into 100 cent. It was initially at par with the Dutch gulden, but suffered from high inflation in the beginning of the 1990s. The Surinamese gulden was replaced by the dollar on 1 January 2004 at a rate of 1 dollar = 1000 gulden.

To save cost of manufacturing, coins of less than 5 gulden (all denominated in cent) were made legal for their face value in the new currency. Thus, these coins increased their purchasing power by 1000 fold overnight.

[edit] Coins

Originally the denominations were 1, 5, 10, 25 cent and 1 gulden. Only the 1 gulden coin is made of precious metal and it was short-lived. The design of the cent coins has never changed, and the same design was extended to 100 and 250 cent coins in 1987. However, the metal compositions and therefore the colours have changed.

[edit] Banknotes

The 2000 series of banknotes came in 5, 10, 25, 100, 500, 1,000, 5,000, 10,000 and 25,000 gulden. This issue has a flower on one side and a bird on the other.

[edit] External links

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