Curacao's new currency: What's changing?

A fresh breeze blows through your hair as you enjoy an ice-cold cocktail on the beach. While you listen to the waves of the sea, the smell of freshly grilled fish from a local stall catches your attention. You decide to buy something, but then the question arises: "How do I actually pay here?" From 2025, that question will become even more interesting, because Curaçao is introducing a completely new currency: the Caribbean Guilder (XCG).

What does this change mean for you? Can you still use your debit card? Do you have to exchange money in advance? And why is Curacao making this switch to a new currency? We have investigated everything. In this article you will discover how to deal with your money in Curacao in a smart and stress-free way. Will you read along?

What is the new Caribbean guilder?

As of March 31, 2025, Curacao and Sint Maarten will switch to the Caribbean Guilder (XCG) as their official currency. This will replace the current Netherlands Antilles Guilder (ANG), which has been in use for decades. Why this change? The Caribbean Guilder was designed to strengthen economic cooperation between Curacao and Sint Maarten, and it brings with it a more modern look and better security features.

The Caribbean Guilder remains pegged to the US dollar at the same fixed exchange rate: 1 USD = 1.79 XCG. While the US dollar (USD) is widely accepted, the euro (EUR) is not a common means of payment in this region.

How does the transition proceed?

If you are in Curacao between March and June 2025, you will encounter both the old and the new currency. Until June 30, 2025, you can still pay with the Antillean guilder, but from July 1, 2025, only the Caribbean guilder will be valid as legal tender.

Don't worry if you still have old guilders lying around: you can exchange them for free at banks and exchange offices until March 31, 2026. At the Central Bank of Curaçao and Sint Maarten this is even possible until March 31, 2055.

What does the new Caribbean guilder look like?

The Caribbean guilder gets a fresh look inspired by the region's unique ecosystem. Think colorful images of the parrotfish, the seahorse and other iconic sea creatures. In addition, advanced security features have been added, such as watermarks and holographic strips, to prevent counterfeiting. The coins and banknotes are an ode to the nature and culture of the Caribbean.

Paying in Curacao: what are your options?

1. Cash remains king

Although digital payments are becoming increasingly popular, cash remains essential in Curacao. Especially at local markets, small shops or food stalls, cash is often the only means of payment.

Tip: always bring some change for small purchases, such as a bottle of water or a snack from a food truck.

2. Pinning is easy

ATMs can be found all over Curacao, especially in tourist areas such as Willemstad and around popular beaches. Most ATMs accept cards from international networks such as Maestro, Visa and Mastercard. You can withdraw both Caribbean guilders and US dollars, which is useful if you are planning a trip to a nearby island.

Please note: some Dutch banks charge transaction fees for withdrawals in a foreign currency. Check this in advance to avoid surprises.

3. Credit cards in hotels and restaurants

Most hotels, restaurants and larger shops accept credit cards just fine. However, make sure you also have cash for smaller businesses that do not accept card payments.

Exchanging money: where and how?

When you arrive at Hato International Airport, you can immediately exchange money at one of the exchange offices present. Although convenient, the exchange rates here are often slightly less favorable than at local banks or recognized exchange offices in the city. In addition, there are also Bancomatico's (ATMs) available at the airport, where you can withdraw money.

Want the best rate? Go to a reliable bank like Banco di Caribe or Maduro & Curiel's Bank in Willemstad. Tourist spots like Handelskade also offer exchange offices, but be aware of possible transaction fees.

Dealing smartly with the new currency

• Avoid double conversion fees: Always choose to settle in local currency instead of euros at ATMs .
• Plan your travel budget: Expect small transaction fees for ATMs and exchanges. A mix of cash and a good debit card gives you the most flexibility.

Why is this change good for Curacao?

The introduction of the Caribbean guilder is related to the political changes after 10 October 2010, when the Netherlands Antilles ceased to exist. Curaçao and Sint Maarten became countries within the Kingdom of the Netherlands, while Saba, Sint Eustatius and Bonaire became municipalities of the Netherlands. As a result, the Central Bank of Curaçao and Sint Maarten had to decide to introduce a new currency.

Ready for your trip to Curacao?

With the introduction of the Caribbean guilder, Curacao opens a new chapter in its rich history. Whatever your plans on the island, good financial preparation will make your stay even more carefree.

Are you thinking about not only traveling to Curacao, but maybe even buying a home here? At Top Makelaar Curacao we are ready to help you find your dream home.