Curaçao and Sint Maarten proposes 2021 for new currency launch

Caribbean guilder introduction hinges on governments agreeing on new monetary union

Photo of Willemstad in Curacao

The Central Bank of Curaçao and Sint Maarten (CBCS) is in discussions to launch a new currency to form the basis of a new monetary union.

In October 2010, the Netherlands Antilles was dissolved, which established Curaçao and Sint Maarten as two separate countries within the Kingdom of the Netherlands.

As part of the agreement, the countries agreed to form one monetary union and to introduce a common currency, despite calls for the country to consider adopting either the US dollar or the euro.

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