The Caribbean
Guilder (XCG)

On August 22, 2024, the Central Bank of Curaçao and Sint Maarten (CBCS) unveiled the Caribbean guilder, marking a significant milestone in the region's financial history. This new currency represents the culmination of years of planning by the Central Bank of Curaçao and Sint Maarten, stemming from the constitutional reforms of October 10, 2010. As part of the constitutional reforms following the dissolution of the former Netherlands Antilles, Curaçao and Sint Maarten established a monetary union. The "Regeling Gemeenschappelijk Geldstelsel Curaçao en Sint Maarten," which governs the currency of this union, stipulates that the Caribbean guilder will replace the current Netherlands-Antillean guilder (NAf.). Initially proposed as the "Dutch-Caribbean guilder," the name was ultimately changed to "Caribbean guilder" to avoid confusion, as the term "Dutch Caribbean" also encompasses the BES islands and Aruba.