C a r i b b e a n G u i l d e r
Announced: January 2011
Issue Date: 2014 1 January 2021.
ChangesThis new currency will replace the Netherlands Antilles guilder.
ContextThe Netherlands Antilles was dissolved on 10th October 2010. Curaçao and Sint-Maarten separately became autonomous constituent countries of the Kingdom of the Netherlands. (Sint Maarten is only one half of an island - the other half, Saint Martin, belongs to France). The other islands, Bonaire, St. Eustatius and Saba (known as “BES” for short) became special municipalities of the Netherlands. They now use the US dollar.
The Caribbean Guilder will be issued by a joint Central Bank of Curaçao and Sint Maarten. It will be pegged to the US dollar at a rate of 1.79 guilder to one US dollar and will be equal in value to the Aruba florin. The currency will be phased in over three months. The 2.5 guilder coin and the 25 guilder notes present in the Netherlands Antillean guilder series will be replaced by 20-based denominations.
Related TopicsA Note on the Currencies of Curaçao and Sint MaartenNew currency area