Curaçao and St. Maarten to Introduce Joint Currency
The Caribbean guilder, set to launch in the second half of 2024, will replace the Netherlands-Antillean guilder and circulate alongside it for three months.
- Curaçao and St. Maarten, Dutch Caribbean constituent countries, are set to launch a joint currency this year.
- The new currency, the Caribbean guilder, will replace the Netherlands-Antillean guilder.
- This change was mandated by a regional constitutional reform in October 2010 that altered the political status of Curaçao and St. Maarten.
- The new currency will be introduced in the second half of 2024 and will circulate alongside the current currency for three months after its introduction.
- Residents on both islands will be able to exchange the current Netherlands-Antillean guilder for the new currency for a period of 30 years at an equal rate.