Caribbean guilder
The Netherlands Antillean guilder will continue to circulate and plans to implement the Caribbean guilder will not be finalized until the islands' Central Bank situation is resolved. The new currency will be abbreviated CMg (for Curacao, Sint Maarten guilder) and would be pegged to the United States dollar at the same exchange rate as the Netherlands Antillean guilder (1 USD = 1.79 NAg = 1.79 CMg). As the BES islands (Bonaire, Sint Eustatius and Saba) adopted the U.S. dollar directly on 1 January 2011, the introduction of the CMg would mean the end of the circulation of the Netherlands Antillean guilder.
Cuban economic reforms
Following the decriminalization of the possession of American Dollars in 1993, the government created special stores in which individuals who possessed the USD could shop for items not available to individuals who only possessed the peso. Moreover, by September 1995, it was possible to deposit hard currency with interest in the Cuban National Bank, by October of that same year, the government had created Foreign Currency Exchange houses (Casas de Cambio, CADECA) with 23 branches throughout the island where Cubans could exchange USD for pesos at a rate similar to that of the Black Market.