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LOCAL CURRENCY IN SURINAME

Would you like to know name of the currency in Suriname? The currency used in Suriname is called Dollas.

The Surinamese Dollas is issued and managed by the Central Bank of Suriname. To find out the current currency exchange rates for Dollas to other major currencies of the world, click on foreign currency rates.

Surinamese Currency Information
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The currency used in Suriname is called as the Dollas. This currency is denoted with the currency sign $ and the ISO 4217 Code for the Surinamese Dollas is SRD. The Dollas, is the official currency of the Suriname . It is divided into 100 smaller units called cent.

The constitution of Suriname provides that the Suriname government shall have the power to print the Surinamese Dollas and cent coins to be used as a legal tender in Suriname. The Surinamese Dollas bank notes and Cent coins are both designated as "legal tender" in payment of debts.

The Surinamese Dollas bill uses the decimal system, consisting of 100 equal units.

The symbol $, usually written before the numerical amount, is used for the Surinamese Dollas.

Currently printed bank notes denominations are 1, 2½, 5, 10, 20, 50, 100 dollars and the coins are minted in the denominations of 1, 5, 10, 25, 100, 250 cents .

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The Effect of Balance of Trade and Investment on the Value of Surinamese Dollas
Financial analysts regularly cite the balance of trade and investment in Suriname as the most important influence on the value of the Dollas. The difference between what the Suriname exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Dollas exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Dollas exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Surinamese Dollas.
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