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Home  >  World  > Caribbean  > St Maarten

Money

Currency: Netherlands Antilles Guilder or Florin (NAG) = 100 cents. Notes are in denominations of NAG250, 100, 50, 25, 10 and 5. Coins are in denominations of NAG5 and 1, and 50, 25, 10, 5 and 1 cents. There are also a large number of commemorative coins which are legal tender. US Dollars are widely accepted, and prices are usually quoted in both Dollars and Guilders.

Note: The NAG is linked to the US Dollar.

Currency exchange: All major currencies can be exchanged at banks on the island.

Credit & debit cards: All major credit cards are widely accepted.

Travellers cheques: Widely accepted. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars.

Currency restrictions: There are no restrictions on the import and export of local or foreign currency. The import of Dutch or Surinam silver coins is prohibited.

Exchange rate indicators
The following figures are included as a guide to the movement of the Netherlands Antilles Guilder against Sterling and the US Dollar:


DateMay ’02Aug ’02Nov ’02Feb ’03
£1.00=2.592.712.812.83
$1.00=1.781.781.781.78


Banking hours: Mon-Fri 0830-1130 and 1330-1630. Some banks are also open on Saturday.


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