Currency manager: Central Bank of Curaçao and Sint Maarten
The central bank overcame a nine-year hiatus to launch the Caribbean guilder
The Central Bank of Curaçao and Sint Maarten (CBCS) oversees a monetary union formed between two countries that are almost 1,000 kilometres apart, which uphold different languages, cultures, customs and economic needs. When the central bank had to introduce a new currency – the Caribbean guilder – it needed the tender to engender a sense of unity, while overcoming political scepticism and pushing back against calls for dollarisation.
The requirement for a Caribbean guilder came about following
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