On October 10, 2010, Curaçao and Sint Maarten became autonomous countries within the Kingdom of the Netherlands, forming a monetary union with a shared central bank and a new currency. According to the “Regeling Gemeenschappelijk Geldstelsel Curaçao en Sint Maarten,” which governs the currency of the monetary union of Curaçao and Sint Maarten, the Caribbean Guilder will replace the Netherlands Antillean Guilder (NAf.)
The Caribbean guilder will be legally pegged to the U.S. dollar at an exchange rate of US$1 = 1.79 Caribbean guilder. The exchange rate between the Netherlands Antillean guilder and the Caribbean guilder will be 1:1. The Netherlands Antillean guilder and the Caribbean guilder are of equal value. The Caribbean guilder is expected to be introduced in the monetary union on March 31, 2025.
Key Points about the new currency in Curacao and Sint Marteen
The following are the key points about the Caribbean Guilder, gathered from the Central Bank of Curaçao and Sint Maarten:
- The Caribbean Guilder (Florín Caribeño) will be introduced on March 31, 2025, as the new currency for Curaçao and Sint Maarten, which formed a monetary union after becoming autonomous nations within the Kingdom of the Netherlands on October 10, 2010.
- It will replace the Netherlands Antillean Guilder at a 1:1 exchange rate and be pegged to the US dollar at 1 USD = 1.79.
- The new currency will feature tactile marks, large numbers, and vivid colors to assist the visually impaired.
- The denominations will be adjusted to align with international payment system practices, with coins ranging from 1 cent to 5 guilders and bills from 10 to 200 guilders.
- The currency’s symbol will be “Cg” with the official ISO code “XCG”.
- New bills will be made of high-quality, durable cotton, contributing to sustainability.
- The coins and bills will be supplied by the Royal Canadian Mint and Crane Currency, respectively.
- The Central Bank holds copyright for the currency’s designs.
For detailed information, visit the official website: Caribbean Guilder.
The design for the Caribbean guilder banknotes
The Caribbean guilder banknote series consists of 5 banknotes of the following denominations: 10 Cg, 20 Cg, 50 Cg, 100 Cg, and 200 Cg. Each denomination has a specific color.
The design of the new Caribbean Guilder coins
The Caribbean guilder coin series consists of 7 coins of the following denominations: 1 cent, 5 cent, 10 cent, 25 cent, 50 cent, 1 guilder, 5 guilder. The coins will circulate interchangeably on Curaçao and Sint Maarten.
The design of the new Caribbean Guilder draws inspiration from the “World Under the Sea”. Fish swim freely, seeing no borders. This serves as a metaphor for the unity shared between the countries of Curaçao and Sint Maarten within its monetary union.
If you’re interested in learning more and exploring the Caribbean Guilder, including the bills and coins valid for the year 2025, you can download the My Caribbean Guilder app from the AppStore or Google Play.
