Introducing the NEW Caribbean Guilder
Welcome to the Era of the Caribbean Guilder! Curaçao and Sint Maarten are embracing a new chapter with the Caribbean Guilder, designed to modernize and unify our currency.
On August 22, 2024 the Central Bank of Curaçao and Sint Maarten (CBCS) unveiled the Caribbean guilder during simultaneous events in Curaçao and Sint Maarten to present the designs of the new currency. The design for the Caribbean guilder banknotes draws inspiration from the "World Under the Sea". The front of the banknotes shows the vibrant marine life native to Curaçao and Sint Maarten, while the reverse shows historical and cultural landmarks in both countries.
Denominations of the Caribbean Guilder
The Caribbean guilder consists of 5 banknotes and 7 coins. The Caribbean guilder coins will be issued in the following denominations:- 5 guilders, 1 guilder, 50 cents, 25 cents, 10 cents, 5 cents and 1 cent.
For banknotes, the denominations will be:
- 200 guilders, 100 guilders, 50 guilders, 20 guilders and 10 guilders.
The NAf 250 guilder banknote will be replaced by the 200 Caribbean guilder note and the NAf 25 guilder banknote by the 20 Caribbean guilder note. The new banknote denominations are more in line with the general international payment-system practices, such as in the case of the euro and the dollar.
Currency Code
The abbreviation for the Caribbean guilder will be Cg. However, the official currency code in the payment system will be XCG. Reason for this is that the official currency-code of more than one country (which is the case of the Countries of Curacao and Sint Maarten) always starts with a 'X'. The XCG will replace the Antillean Guilder at the same exchange rate of 1 USD = 1.79 XCG.
Benefits
One of the benefits is that the Caribbean guilder banknotes and coins will have a sophisticated design and modern, high-quality security features that will make both the notes and coins secure against counterfeiting, thereby limiting the likelihood of experiencing fraud or loss when using cash.
Important Dates
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March 31, 2025 - The Caribbean Guilder enters circulation
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June 30, 2025 - Last date to make cash payments with ANG
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March 31, 2026 - Last date to exchange ANG at commercial banks, including Orco Bank
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March 31, 2055 - Last date to exchange ANG at CBCS
Currency Exchange
From April 1st, 2025, to June 30th, 2025, Orco Bank customers in Curaçao and Sint Maarten will enjoy waived Exchange Fees and Withdrawal Fees. Additionally, in Sint Maarten, Cash Deposit Fees are also waived for Orco Bank customers during this period.
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Frequently Asked Questions
Here, you'll find answers to some of the most common questions we receive about the Caribbean Guilder. Whether you're looking for quick information or more details, these FAQs will surely help.-
What is the reason for the introduction of the Caribbean guilder?On October 10, 2010, Curaçao and Sint Maarten became autonomous countries within the Kingdom of the Netherlands, and formed a monetary union with a shared central bank and a new currency. In the “Regeling Gemeenschappelijk Geldstelsel Curaçao en Sint Maarten” that regulates the currency of the monetary union of Curaçao and Sint Maarten, it is stipulated that the Caribbean guilder will replace the Netherlands-Antillean guilder (NAf.).
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When will the Caribbean guilder officially be introduced?The Caribbean guilder will enter into circulation on March 31, 2025.
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What will be the exchange rate of the Caribbean guilder to the U.S. dollar?Like the Netherlands-Antillean guilder, the Caribbean guilder will be legally pegged to the U.S. dollar at an exchange rate of US$1 = 1.79.
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How long will the Netherlands-Antillean guilder and the Caribbean guilder be in circulation at the same time?The two currencies will co-circulate for 3 months as of March 31, 2025.
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How long after the introduction of the Caribbean guilder can the Netherlands-Antillean guilder still be used for payments?Cash payments in Netherlands-Antillean guilder will be accepted for up to 3 months as of the introduction of the Caribbean guilder on March 31, 2025. This means that you can make cash payments in NAf until June 30, 2025. You will receive your change (mainly) in Caribbean guilder.
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Where can I exchange my Netherlands-Antillean guilder for Caribbean guilder and for how long?Exchanges can be made at the commercial banks where you hold an account, for up to 12 months after the introduction of the Caribbean guilder. This means that March 31, 2026, will be the last day to exchange ANG at commercial banks. However, after these 12 months, your Netherlands-Antillean guilders can still be exchanged at the CBCS for up to 29 years – until March 31, 2055.
Download the Caribbean Guilder App
The CBCS launched the “My Caribbean Guilder” mobile application to make you familiar with the new banknotes and coins, even without physically having them in your hands. The app also provides information about the Caribbean guilder theme and everything that is featured on the notes and coins. Download the app for free and start exploring our treasures of the Caribbean.
