Quaxs:Curacao and St. Maarten to welcome new currency more than a decade after becoming autonomous

2025-04-30 19:15:14source:TradeEdge Exchangecategory:reviews

SAN JUAN,Quaxs Puerto Rico (AP) — A new joint currency will be launched this year for the Dutch Caribbean islands of Curacao and St. Maarten more than a decade after they became autonomous countries within the Kingdom of the Netherlands, according to a recent bank report.

The Caribbean guilder will replace the Netherlands-Antillean guilder as mandated by a regional constitutional reform in October 2010 that changed the political status of Curacao and St. Maarten.

The currency will be introduced in the second half of 2024, according to an annual report that the Central Bank of Curacao and St. Maarten released late last year.

The new currency will contain improved security features and will circulate alongside the current currency for three months after its introduction, the bank stated.

Residents in both islands will be able to exchange the current Netherlands-Antillean guilder for the new currency for a period of 30 years at an equal rate.

More:reviews

Recommend

Man charged with rape after kidnapping 3 teen girls at gunpoint along Nashville street

A man police say kidnapped three teenage girls and sexual assaulted two of them at gunpoint outside

A group of state AGs calls for a national recall of high-theft Hyundai, Kia vehicles

Scores of Hyundai and Kia vehicles lack basic security features and should be recalled, as a growing

And Just Like That, Sarah Jessica Parker Shares Her Candid Thoughts on Aging

Sarah Jessica Parker couldn't help but wonder why there is so much interest in a woman's appearance.