BANKNOTES OF SURINAME
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Date	Pick#	Denomination	Observations	Obverse	Reverse
Banknotes Denominated in Surinamese Gulden
1985	127b	25 Gulden
2000	146	5 Gulden
2000	147	10 Gulden
2000	148	25 Gulden
2000	149	100 Gulden
2000	153s	10,000 Gulden
2000	154s	25,000 Gulden
Banknotes Denominated in Surinamese Dollars
2004	155	1 Dollar
2004	156	2.5 Dollars
2004	157	5 Dollars
2004	158	10 Dollars
2004	159	20 Dollars
2004	160	50 Dollars
2004	161	100 Dollars

History of the Surinamese Guilder
The gulden or in English: guilder 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.

Originally the denominations of coins 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.

Prior to the introduction of the Surinamese dollar, banknotes were issued in denominations of 5, 10, 25, 100, 500, 1,000, 5,000, 10,000 and 25,000 gulden. The last gulden series of banknotes was issued in 2000, this issue has a flower on one side and a bird on the other.

The Surinamese Dollar
The Surinamese dollar has been the currency of Suriname since 2004 and like the former guilder currency is divided into 100 cent.

The dollar replaced the Surinamese gulden on 1 January 2004, with one dollar equal to 1000 gulden. Initially, only coins were available, with banknotes delayed until mid-February, reportedly due to a problem at the printer, The Canadian Banknote Company.

To save cost of manufacturing, coins of less than 5 gulden were all made legal for their face value in the new dollar currency. The old coins denominated in cent (i.e., 1/100 gulden) were declared to be worth their face value in the new cents, negating the necessity of producing new coins. Thus, for example, an old 50 cent coin, previously worth half a gulden, was now worth half a dollar. Thus, these coins increased their purchasing power by 1000 fold overnight.

Amendment 121 of ISO 4217 gave the currency the code SRD to the Surinamese Dollar replacing the ISO 4217 code SRG for the former Surinamese gulden.

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Page created:     21 March 2007
Last Update:          30 October 2007

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