Caribbean guilder

Caribbean guilder
ISO 4217
CodeXCG
Unit
Pluralguilders
SymbolCg, Cƒ, ƒ
Denominations
Subunit
1100cent
Plural
centcents
Symbol
centc
Banknotes10Cg, 20Cg, 50Cg, 100Cg, 200Cg
Coins1c, 5c, 10c, 25c, 50c, 1Cg, 5Cg
Demographics
Date of introduction31 March 2025 (2025-03-31)[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 or Caribbean florin (code: XCG;[1] abbreviation: Cg or ; Dutch: Caribische gulden; Papiamento: florin karibense) is a planned currency of Curaçao and Sint Maarten, two constituent countries of the Netherlands, officially slated for introduction in 2025. It is divided into 100 cents (Papiamento: sèn). 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 31 March 2025 and will become the sole legal tender in the countries after 30 June 2025.[1]

In November 2020, it was announced that the Caribbean guilder would come into circulation the following year,[2] 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] ANG will be exchangeable at par at commercial banks for the new currency for one year following introduction, and thereafter for 29 years at the Central Bank of Curaçao and Sint Maarten.

  1. ^ a b c d "Frequently Asked Questions". Willemstad: Central Bank of Curaçao and Sint Maarten. 6 June 2024. Retrieved 11 June 2024.
  2. ^ "Central Bank announces introduction of Caribbean Guilder in 2021". StMaartenNews.com. 15 November 2020. Retrieved 8 December 2020.