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.
Bonaire
In 2011 the BES Islands replaced their currency, the Netherlands Antillean guilder (: ANG, symbol: ƒ), with the US dollar rather than replacing it with the euro which is used in the European Netherlands. The decision was based primarily on the needs for tourism and trade. Most countries and territories in the Caribbean use the dollar as their currency or have a currency linked to the dollar as legal tender. The guilder has been pegged to the US dollar for decades with an exchange rate of ƒ1.79 = US$1.00. Adopting the dollar put an end to the dual-currency payment system and foreign exchange charges. The guilder remained in use in Curaçao and Sint Maarten.