Suriname Dollar - SRD

Suriname Dollar - SRD
The currency abbreviation for the Suriname dollar (SRD), the currency for Suriname. The Suriname dollar is made up of 100 cents and is presented with the symbol $. The coins of this currency are denominated in cents based on the previous currency, the guilder, which was also made up of 100 cents.

The Suriname dollar was introduced as the official currency of Suriname in 2004, when it replaced the guilder at a rate of 1,000:1. The old coins continued to be used, but were worth a fraction of a dollar instead of a fraction of a guilder. With the exchange rate of 1,000:1, coins became 1,000 times more valuable overnight.

Investment dictionary. . 2012.

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