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.
Curaçao
The exchange of Notes between the Governments via the respective Ministry of Foreign Affairs "dated 31 October 2014 and 4 November 2014 between the Parties regarding the application of the TIEA in light of the dissolution of the Netherlands Antilles" of which Curaçao was a member country. On 27 March 2017, the U.S. Department of Treasury site disclosed that the agreement and related contracts were "in force" since 3 August 2016.