New Caribbean Guilder for St. Maarten & Curacao
St. Maarten flooded with Information ahead of the introduction of new bank notes and coins that will be legal tender for Curaçao and St. Maarten come March 31st 2025.
Authorities at the Central Bank of Curacao and St. Maarten gave the press core on St. Maarten a closeup view and the opportunity to inspect the bank notes and coins that is to be introduced shortly. The general public on St. Maarten was also treated to three separate days this past week, learning the new money and its security features.
The notes that will be in circulation consists of 5 banknotes and 7 coins. This currency will be introduced in the monetary union of Curaçao and St. Maarten only. The bank notes denominations will be introduced in: Cg 200, Cg 100, Cg 50, Cg 20, and Cg 10. The coin denominations will appear in: 5Cg, 1Cg, 50c, 25c, 10c, 5c, & 1c.
What we need to know about our new bank notes and its design is the decision to feature on the front of the banknotes the vibrant marine life, native to Curacao and St. Maarten, while the reverse side showcase significant historical and cultural landmarks of both countries.
When the new bank notes are officially introduced, persons with the old guilder can continue to make payments up until June 30th 2025. after the end of June 2025 to exchange your old notes you will have to take it to a local bank to have it changed. In the event that you have a large quantity of old Notes you will have to change it only in the Central Bank location in Curacao and St. Maarten. There will be no change in the value and rate of exchange with the US $ since the new Caribbean Guilder is permanently pegged to the US$ at a standard rate of 1.79 Cg to $1.00 US Dollar.
It is expected to have sufficient circulation of banknotes and coins in the market, that when payments are made in Caribbean Guilder currency (Cg) in keeping with our laws, you will receive your change in the Cg Currency.
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