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World Travel Guide > Guides > Caribbean > St Maarten

Money and duty free for St Maarten

Currency and Money

Currency information

US Dollars are accepted everywhere but at the moment the official currency is the Netherlands Antilles Guilder or Florin (ANG; symbol ƒ) which is going to soon be phased out and replaced by the Caribbean Guilder (CMg) by 2012-2013. Notes are in denominations of 200, 100, 50, 20 and 10. Coins are in denominations of 1, 5, 10, 25, 50 cents, 1 guilder, and 5 guilder coins. The Caribbean guilder will be pegged to the US Dollar (US$ 1 = CMg 1.79).

Credit cards

All major credit cards are widely accepted.

Travellers cheques

Widely accepted. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars.

Banking hours

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

Currency restrictions

There are no restrictions but amounts over Æ20,000, or equivalent, must be declared.

Currency exchange

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

St Maarten duty free

Overview

You don't have to pay duty on any goods brought into St Maarten.