Historic Monetary Transition: Antillean Guilder Replaced by Caribbean Guilder

WILLEMSTAD – A new chapter in financial history begins today as the Antillean guilder (ANG) officially makes way for the Caribbean guilder (Cg) in Curaçao and Sint Maarten. The long-anticipated currency transition maintains the existing peg to the US dollar (USD 1 = Cg 1.79), ensuring monetary stability during the changeover. 

Key Details of the Transition 

Dual Circulation Period: Both currencies will remain valid for three months, with businesses required to accept the old guilder until [date]. 

Regional Limitations: The new currency will not be used in Aruba or Bonaire, which maintain their own monetary systems. 

Enhanced Security: The redesigned banknotes feature state-of-the-art anti-counterfeiting technology alongside vibrant new designs reflecting Caribbean heritage. 

A Shared Monetary Union 

Since becoming autonomous countries within the Kingdom of the Netherlands in 2010, Curaçao and Sint Maarten have operated under a joint monetary union supervised by the Central Bank of Curaçao and Sint Maarten (CBCS). The introduction of the Caribbean guilder marks a symbolic step toward strengthened economic cooperation while preserving the stability of the dollar peg. 

What Citizens Need to Know 

Exchange Deadlines: After the transition period, only the Caribbean guilder will be legal tender. 

ATM & Banking Services: Financial institutions have already begun dispensing the new currency. 

Design Features: The bills highlight local flora, fauna, and cultural icons, with denominations ranging from Cg 10 to Cg 200. 

Central Bank Statement: 
"This milestone reflects our commitment to modernizing the financial system while maintaining trust. The advanced security features will reduce fraud risks, benefiting both businesses and consumers." 

Click here to read more about the new Caribbean Guilder




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