Caribbean guilder
The Caribbean guilder (code: XCG; 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; however, the launch has reportedly been pushed to 31 March 2025, pending confirmation from the ministry of finance. It is divided into 100 cents (Papiamento: sèn).
Cg | |
|---|---|
| ISO 4217 | |
| Unit | |
| Plural | guilders |
| Denominations | |
| Subunit | |
| 1⁄100 | cent |
| Plural | |
| cent | cents |
| Banknotes | |
| Freq. used | 10, 20, 50, 100, 200 guilders |
| Coins | 1, 5, 10, 25, 50 cents; 1, 5 guilders |
| Demographics | |
| Date of introduction | 2024 (official) 2025 (reported) |
| Replaced | Netherlands Antillean guilder |
| User(s) | Curaçao Sint Maarten |
| Issuance | |
| Central bank | Central Bank of Curaçao and Sint Maarten (CBCS) |
| Website | www |
| Printer | Crane Currency |
| Website | www |
| Mint | Royal Canadian Mint |
| Website | www |
| Valuation | |
| Pegged with | U.S. dollar = 1.79 XCG |
In November 2020, it was announced that the Caribbean guilder would come into circulation the following year, 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.