Currency in Suriname: SRD Send & Spend FX Guide
Resources for Expats, Travelers, and Entrepreneurs Navigating Life and Trade in Suriname with the Surinnse dollar.
What's in this Suriname currency guide?
What currency is used in Suriname?
The official currency of Suriname (country code: SR) is the Surinnse dollar, with symbol $ and currency code SRD.
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Frequently Asked Questions
What currency should I use in Suriname?
The domestic currency in Suriname is the Surinnse dollar.
What is the Surinnse dollar currency code and symbol?
The three letter currency code for the Surinnse dollar is SRD — symbol is $.
Which countries use the Surinnse dollar?
It is the domestic currency in Suriname.
Is the Surinnse dollar a closed currency?
No, the Surinnse dollar is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of USD and SRD?
Here are some popular conversion amounts for USD to SRD (US dollar to Surinnse dollar)*.
*Converted at the current USDSRD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Things to know about the Surinnse dollar
The Surinamese dollar (SRD) is the official currency of Suriname, a country located in South America. Here are a few things to know about the Surinamese dollar:
- The Surinamese dollar is abbreviated as SRD and is divided into 100 cents.
- The Central Bank of Suriname is responsible for issuing and regulating the Surinamese dollar.
- The exchange rate for the Surinamese dollar is determined by supply and demand in the foreign exchange market.
- Suriname has a small, open economy that is heavily reliant on exports, including aluminum, gold, and oil. The country is also a major producer of rice and has a growing tourism industry.
- The Surinamese dollar has experienced some depreciation in recent years due to economic challenges such as high inflation and a large trade deficit.
Travel money for Suriname
Using Wise for Surinnse dollar travel money is a smart choice for savvy travelers. With its competitive exchange rates and low fees, Wise allows you to convert and manage multiple currencies effortlessly.
Be careful when using your own bank's Debit/Credit Card, as your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash on top of the standard Visa/Mastercard 2.5% from market mid-rate.
For card purchases, if you are offered a choice of currencies always select to Pay in Surinnse dollar otherwise you will typically get much worst dynamic currency conversion (DCC) exchange rates.
If you really want Surinnse dollar cash before departure, you can save money by ordering online. You generally get better rates and can pick up the SRD cash locally or even on travel day at the airport.
Suriname: Travel Guide
Traveling to Suriname requires careful financial planning to ensure a smooth and cost-effective experience. Here's a comprehensive guide to help you navigate currency considerations and manage your money effectively during your visit.
Suriname may be one of the smallest countries in South America, but it has something big to offer to all types of travelers. It is different mainly because of its Dutch colonial history which is evident in the language that they use until now.
Charismatic Paramaribo is loaded with gorgeous architecture, party-hard night spots and some excellent restaurants, while the untamed jungle, just a few hours away by road or boat, could not be more of a contrast to Paramaribo's chaotic traffic. It's relatively easy to get around this river-heavy, forest-dense country, even if the mix of languages can make communications interesting. Best of all, sumptuous and spicy cuisines from all over the world can be found here, making mealtimes a joy.
What currency is used in Suriname?
Suriname uses the Suriname dollar (SRD) as currency, which is roughly a third of a US dollar. One can exchange currency at all banks as well as most cambio's. Although the official unit of currency is the Surinamese dollar (SR$), some businesses quote prices in euros or US dollars. Most banks will accept major foreign currencies, but you may run into difficulty trying to change Guyanese dollars and Brazilian reals. Republic Bank ATMs are the most reliable at accepting foreign cards. You can get credit card advances at some banks and some hotels. Most hotels, better restaurants and travel agencies – but hardly anywhere else – accept credit cards, usually for a fee.
Getting around in Suriname.
Public buses would be the most practical choice if you want to stretch your budget in Suriname. You just need to know the pickup points and wait for the bus to be full. There are also minibuses which can pick you up from your accommodation and are more expensive that the public buses. For those who would really like to see the amazing interior of Suriname, the best and only option is to take boats. In the east there are small boats and small ferry between Albina (Suriname) and St. Laurent (French Guiana) The price is usually around SRD 10,- or €5,- p.p. In the west there's a regular river ferry between Guyana and Suriname.
The taxi fare in Suriname is way more expensive than the minibuses. But this is recommended if you want to reach your destination quickly, or just take a short ride around the city.
Travel tips for Suriname.
When you are eating in Suriname, it’s as if you are having a taste of different cultures. Thanks to the various inhabitants that came from different countries, you get to taste East Indian, African, Javanese, Chinese, Dutch, Jewish, and Portuguese food among many others. And sometimes, they will try to incorporate these into one dish!
Paramaribo is the capital of Suriname. You can find a lot of Dutch colonial buildings in its center. When you are here, make sure to visit the Fort Zeelandia where you can find the Surinaams Museum. Also, don’t miss out The Central Bank, Sint-Petrus-en-Pauluskathedraal and The Presidential Palace. In resturants customers are expected to leave a tip of around 10% on restaurant bills, though check to see if it has already been added to the bill before you do so.
Suriname generally has a hot and wet tropical climate. There are two wet seasons, from April to August and from November to February. The dry seasons are from August to November and February to April.
USD/SRD Market Data
The below interactive chart displays the USD/SRD change and UP📈 DOWN📉 trends over the past 1 Year.
Send Money to Suriname - Best Rates
To get a good (and fair) exchange rate when sending money to Suriname you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Suriname
When sending money to Suriname it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Surinnse dollar amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted SRD amount will be transfered to the recipient account you specify in Suriname.
Use the above calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Surinnse dollar deposited into the recipient bank account and less margins and fees kept by the banks!