Caribbean guilder

Caribbean guilder
Cg
ISO 4217
CodeXCG
Unit
Pluralguilders
Symbolƒ
Denominations
Subunit
1100cent
Plural
centcents
Banknotes
 Freq. used10, 20, 50, 100, 200 guilders[1]
Coins1, 5, 10, 25, 50 cents; 1, 5 guilders[1]
Demographics
Date of introduction2024 (official)
2025 (reported)[1]
ReplacedNetherlands Antillean guilder
User(s) Curaçao
 Sint Maarten
Issuance
Central bankCentral Bank of Curaçao and Sint Maarten (CBCS)
 Websitewww.centralbank.cw
PrinterCrane Currency
 Websitewww.cranecurrency.com
MintRoyal Canadian Mint
 Websitewww.mint.ca
Valuation
Pegged withU.S. dollar = 1.79 XCG

The Caribbean guilder (code: XCG;[1] abbreviation: Cg; Dutch: Caribische gulden; Papiamento: florin karibense) is a planned currency of Curaçao and Sint Maarten, two constituent countries of the Kingdom of the Netherlands, officially slated for introduction in 2024. The Caribbean guilder is set to replace the Netherlands Antillean guilder (ANG) at par and be pegged to the U.S. dollar. The currency has an official launch scheduled for the second half of 2024;[1] however, the launch has reportedly been pushed to 31 March 2025, pending confirmation from the ministry of finance.[2] It is divided into 100 cents (Papiamento: sèn).

In November 2020, it was announced that the Caribbean guilder would come into circulation the following year,[3] but it was delayed several times. The cost of the design and production of the Caribbean guilder will be approximately 15 million ANG and cash payments in ANG will be accepted for three months following the introduction of the new currency.[1]

  1. ^ a b c d e f "Frequently Asked Questions". Willemstad: Central Bank of Curaçao and Sint Maarten. 17 July 2023. Retrieved 28 November 2023.
  2. ^ "New launch date for Caribbean Guilder delayed to 2025". Curaçao Chronicle. Willemstad. 28 September 2023. Retrieved 28 November 2023.
  3. ^ "Central Bank announces introduction of Caribbean Guilder in 2021". StMaartenNews.com. 15 November 2020. Retrieved 8 December 2020.

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