Suriname - 500 Gulden - P-150 - Foreign Paper Money - Surinamese Guilder

Foreign Paper Money. Bird,Rupicola Rupicola/flowers-Mandevilla Splendens and building. Front and back shown. The guilder (Dutch: gulden; ISO 4217 code: SRG) was the currency of Suriname until 2004, when it was replaced by the Surinamese dollar. It was divided into 100 cents. Until the 1940s, the plural in Dutch was cents, with centen appearing on some early paper money, but after the 1940s the Dutch plural became cent. The Surinamese guilder was initially at par with the Dutch guilder. In 1940, following the occupation of the Netherlands, the currency (along with the Netherlands Antillean guilder) was pegged to the U.S. dollar at a rate of 1.88585 guilders = 1 dollar.

The Surinamese guilder began to lose value from high inflation in the beginning of the 1980s, when a currency black market emerged. It was replaced by the Surinamese dollar on 1 January 2004 at a rate of 1 dollar = 1,000 guilders. To save cost of manufacturing, coins of less than 5 guilders (all denominated in cents) were made legal for their face value in the new currency. Thus, these coins increased their purchasing power by a thousandfold overnight. Read more at https://en.wikipedia.org/wiki/Surinamese_guilder

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