Stadt 25, 50 Pfennig, 1 Mark ND (1921) GRADING: UNC-
Suriname is a sovereign state on the northeastern Atlantic coast of South America. It is bordered by French Guiana to the east, Guyana to the west and Brazil to the south.It is the smallest country in South America. On 25 November 1975, the country of Suriname left the Kingdom of the Netherlands to become an independent state. Suriname is the only state outside Europe where Dutch is spoken by a majority of the population. Capital (and largest city): Paramaribo. Currency: Surinamese dollar (SRD).
The dollar replaced the Surinamese guilder on 1 January 2004, with one dollar equal to 1000 guilders. Initially, only coins were available, with banknotes delayed until mid-February, reportedly due to a problem at the printer, the Canadian Bank Note Company. On the notes, the currency is expressed in the singular, as is the Dutch custom.
The Surinamese guilder (Dutch: gulden; SRG) 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 tied to the U.S. dollar at a rate of 1.88585 guilders = 1 dollar.
The Surinamese guilder suffered from high inflation in the beginning of the 1990s.
The Surinaamsche Bank introduced 50 guilder notes in 1901, followed by 10 guilders in 1915, 200 guilders in 1925, 50 guilders in 1926, 100 guilders in 1927, 5 guilders in 1935, 2 1⁄2 guilders in 1940, 25 guilders in 1941, 1000 guilders in 1943 and 300 guilders in 1948. The government issued silver certificates (zilverbonnen) between 1918 and 1920 for 1⁄2, 1 and 2 1⁄2 guilders. Further issues for 50 cent and 1 guilder were introduced in 1940. The silver certificates were superseded in 1960 by muntbiljet for 1 and 2 1⁄2 guilders, which were issued until 1985.
In 1957, the Central Bank of Suriname took over paper money production, issuing notes for 5, 10, 25, 100 and 1000 guilders. 500 guilder notes were introduced in 1982, followed by 250 guilders in 1988. 2000 guilder notes were introduced in 1995, followed by 5000 and 10,000 guilders in 1997 and 25,000 guilders in 2000.
The last series of banknotes was introduced in 2000 in denominations of 5, 10, 25, 100, 500, 1000, 5000, 10,000 and 25,000 guilders. This colorful issue has native birds on the fronts and native flowers on the backs.