5 Gulden (Maduro & Curiel's Bank) – Netherlands Antilles
Circulating commemorative coins
Commemoration: 100th Anniversary of Maduro & Curiel's Bank
Netherlands
Context
Year: 2016
Country: Netherlands 
Issuer: Netherlands Antilles
Ruler: Willem-Alexander
Currency:
(since 1828)
Demonetization: 31 March 2025
Total mintage: 10,000
Material
References
Numista: #103737
Value
Exchange value: 5 ANG
Inflation-adjusted value: 6.46 ANG
Obverse
Reverse
Description:
Blue and yellow ribbons frame a shield with the anniversary year. The shield displays the bank’s acronym and a crowned lion from the Dutch royal arms above the numerical value.
Inscription:
Between past and future, MCB is present
1916 2016
100
MCB
1916 2016
100
MCB
Script: Latin
Edge
Categories
| Symbol> Crown |
| Symbols> Coat of Arms |
Mints
| Name | Mark |
|---|---|
| Royal Dutch Mint | — |
Mintings
| Year | Mint Mark | Mintage | Quality | Collection |
|---|---|---|---|---|
| 2016 | — | 10,000 |
Historical background
In 2016, the currency situation in the Netherlands Antilles was defined by a period of transition and legacy, as the political dissolution of the former country in 2010 continued to shape monetary policy. The Netherlands Antilles guilder (ANG), pegged at a fixed rate of 1.79 to the US dollar since 1971, remained the official currency. However, it was now issued by the Central Bank of Curaçao and Sint Maarten (CBCS), which served the two autonomous "landen" (countries) within the Kingdom of the Netherlands: Curaçao and Sint Maarten. The special municipalities of Bonaire, Sint Eustatius, and Saba (the BES islands) had adopted the US dollar in 2011, creating a dual-currency reality across the region.
A key focus in 2016 was the ongoing effort to introduce a new, common currency to replace the Antillean guilder for Curaçao and Sint Maarten: the Caribbean guilder. Plans for this change were actively discussed, driven by a desire for a symbolic break from the colonial past and practical considerations regarding the cost of banknote production. However, the launch faced repeated delays due to technical complexities, economic challenges in both nations, and the need for stringent institutional preparations to maintain the crucial dollar peg and ensure financial stability.
Thus, the currency landscape in 2016 was one of stability on the surface, underpinned by the long-standing dollar peg, but marked by anticipation and uncertainty about the future. While the reliable ANG continued to facilitate tourism and trade, authorities were navigating the intricate process of creating a new monetary identity for Curaçao and Sint Maarten, a project that remained in the planning stages with no definitive implementation date in sight.
A key focus in 2016 was the ongoing effort to introduce a new, common currency to replace the Antillean guilder for Curaçao and Sint Maarten: the Caribbean guilder. Plans for this change were actively discussed, driven by a desire for a symbolic break from the colonial past and practical considerations regarding the cost of banknote production. However, the launch faced repeated delays due to technical complexities, economic challenges in both nations, and the need for stringent institutional preparations to maintain the crucial dollar peg and ensure financial stability.
Thus, the currency landscape in 2016 was one of stability on the surface, underpinned by the long-standing dollar peg, but marked by anticipation and uncertainty about the future. While the reliable ANG continued to facilitate tourism and trade, authorities were navigating the intricate process of creating a new monetary identity for Curaçao and Sint Maarten, a project that remained in the planning stages with no definitive implementation date in sight.
💎 Very Rare