Payments could be made in sugar, which in 1679 got rated at 1 Stiver per pound. The practice came our of use when more coinage got imported into the colonies in the second half of the 18th century.
around 1750
Rating of Spanish and Portuguese trade coins in Dutch currency: - Spanish Dollar (8 Spanish Real in silver) at 48 Stuivers - Spanish Doubloon (8 Spanish Escudo in gold) at 40 Guilders - Portuguese Doubloon (6400 Portuguese Real in gold) at 18¾ Guilders
17.11.1763
Ordinance (by governor general Wigbold Crommelin) on the production of local subsidiary coins of 1 Duit and 1 Stiver by the Suriname Company; effective immediately. - In 1764, copper Duit coins were minted in Enkhuizen and brought to Suriname; the Stiver was never produced.
Time Period: 1826-2003
Currency: Surinamese Guilder
Transition
-
Sub-units
Guilder / 100 Cents
ISO4217
SRG
Timeline
10.05.1826
Royal decree on the introduction of the Dutch accounting and currency into the West Indies; effective 01.01.1827 - All foreign and earlier coinage was demonetized in Suriname.
14.12.1853
Proclamation of the Dutch Coinage Act of 1847 in the West Indian colonies; effective 21.06.1854.
19.01.1865
Law on the establishment of the Surinamese Bank; effective upon constitution of the bank on 18.07.1865
28.06.1881
Proclamation of the Dutch Coinage Act of 1875 in the West Indian colonies; effective 01.01.1882 (?)
01.07.1909
Coinage Act on the legal tender status of the Dutch coinage and demonetization of foreign gold and silver coins; effective 04.10.1909
24.07.1940
Currency Agreement between the Dutch government-in-exile and the United Kingdom on the pegging of the Curaçao and Suriname currencies to the British Pound; effective immediately. - 18.04.1942: Issuance of Dutch subsidiary coins produced by US mints by the government in exile.
30.10.1949
End of parity for Dutch coins, they remained legal tender at a rate of 1 Surinamese Guilder = 2 Netherlands Guilders
10.10.1956
Law on the establishment of the Central Bank of Suriname; effective upon constitution of the bank on 01.07.1957
08.04.1960
Coinage law on the introduction of Surinamese coins; effective by ordinance of 25.04.1961.
Valuation Regimes
1826-1940
Identical with Netherlands Guilder with limited convertibility, during 1854-1898 there was a discount in place
1940-1946
Fixed rate against British Pound (due to the German occupation of the Netherlands)
1946-1993
Fixed rate against US Dollar
1993-2003
Variable rate, the fixed official rate was suspended on 08.06.1993
Rate Arrangements
10.05.1826
Fixed
Netherlands Guilder at 1 : 1
-
24.07.1940
Fixed
British Pound at 1 : 7.60
±0.0%
18.12.1946
Fixed
US Dollar at 1 : 1.886
±0.0%
23.12.1971
Fixed
US Dollar at 1 : 1.79
+5.4%
08.06.1993
Variable
initially: US Dollar at 1 : 44 - Free market rate
-95.9%
Time Period: 2004-
Currency: Surinamese Dollar
Transition
1 : 1'000
Sub-units
Dollar / 100 Cents
ISO4217
SRD
Timeline
31.10.2003
Law [No. 89] on the currency reform; effective 01.01.2004
01.01.2004
Start of currency exchange: - 01.01.2004: Start of issuance of the new banknotes; the subsidiary coins of the Guilder currency (which had disappeared from the market during the inflationary period) were re-issued - 31.05.2004: Demonetization of the former banknotes.
Valuation Regimes
2004-
Fixed rate against US Dollar, de facto float between 23.03.2016 and 01.10.2018