About the Caribbean Guilder
The Caribbean Guilder (XCG) is a planned new currency for Curaçao and Sint Maarten, intended to replace the Netherlands Antillean Guilder (ANG). Its introduction has been postponed several times, with the latest target set for 2025.
The name 'Guilder' comes from the old Dutch word for 'golden'. 'Caribbean' indicates the region of its circulation.
Interesting Facts
Future Currency
The Caribbean Guilder is a planned new currency, not yet in circulation, designed to replace the existing Netherlands Antillean Guilder.
Pegged to the US Dollar
Like its predecessor, the Caribbean Guilder is planned to be pegged to the U.S. Dollar at a fixed rate, ensuring monetary stability for the islands.
Streamlining Commerce
The introduction of the new currency aims to streamline monetary transactions and enhance the operational efficiency of the financial sector in Curaçao and Sint Maarten.
Historical Timeline
Dissolution of the Netherlands Antilles. Curaçao and Sint Maarten retain the Netherlands Antillean Guilder.
Decision to introduce the Caribbean Guilder as the new currency.
Target date for the introduction of the Caribbean Guilder.
Quick Facts
- ISO Code
- XCG
- Symbol
- ƒ
- Subunit
- Cent (1/100)
- Introduced
- Planned (2025-01-01)
Central Bank
- Name
- Central Bank of Curaçao and Sint Maarten
- Headquarters
- Willemstad, Curaçao
- Founded
- 1828
- Current Governor
- Richard Doornbosch (since 2020)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
Exchange Rates
Used In
What Affects the XCG Exchange Rate?
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