What is the currency in St. Maarten?

What is the currency in St. Maarten?

St. Maarten is a unique island in the Caribbean, known for its beautiful beaches and vibrant culture. When it comes to currency, St. Maarten uses the Antillean guilder (ANG) as its official currency. The Antillean guilder is abbreviated as NAƒ, and it is commonly referred to as the guilder.

The Antillean guilder is exclusively used in St. Maarten, as well as in the other five islands that make up the Dutch Caribbean. The currency is pegged to the United States dollar at a fixed rate of 1 USD to 1.79 ANG. This means that the US dollar is widely accepted and used alongside the guilder on the island. Most businesses in St. Maarten will accept US dollars, but visitors should be aware that change may be given in guilders.

FAQs about the currency in St. Maarten

1. Can I use US dollars in St. Maarten?

Yes, US dollars are widely accepted in St. Maarten, and many businesses, especially those in tourist areas, will gladly accept US currency. However, it’s always a good idea to have some Antillean guilders on hand for smaller purchases or situations where US dollars may not be accepted.

2. Where can I exchange currency in St. Maarten?

Currency exchange services are available at the Princess Juliana International Airport as well as at various banks and exchange bureaus across the island. It’s recommended to compare exchange rates and fees before making a transaction to get the best value for your money.

3. Are credit cards widely accepted in St. Maarten?

Yes, most businesses in St. Maarten accept major credit cards such as Visa and Mastercard. However, it’s always best to check with the establishment beforehand to avoid any inconvenience.

4. What is the best way to carry money in St. Maarten?

It’s advisable to carry a mix of cash, both in US dollars and Antillean guilders, as well as a credit card for larger purchases and emergencies. It’s also a good idea to inform your bank of your travel plans to avoid any issues with using your card abroad.

5. Are there ATMs available in St. Maarten?

Yes, ATMs are widely available in St. Maarten, especially in popular tourist areas. However, it’s recommended to use ATMs located within banks or official establishments to ensure safety and security.

6. What currency do cruise ships accept in St. Maarten?

Most cruise ships visiting St. Maarten will accept US dollars for onboard purchases and transactions. However, it’s best to check with your specific cruise line to confirm their accepted currencies and payment methods.

7. Is it customary to tip in St. Maarten?

Tipping is appreciated in St. Maarten, especially in restaurants and for exceptional service. It’s customary to tip around 10-15% of the total bill in restaurants, and a small amount for other services such as taxi rides and hotel staff.

8. Can I use euros in St. Maarten?

While euros may be accepted at some establishments in St. Maarten, it’s not as widely used as US dollars or Antillean guilders. Visitors are advised to exchange euros for local currency to avoid any inconvenience during their stay.

9. What are the common denominations of the Antillean guilder?

The guilder is available in various denominations, including coins in 5, 10, 25, and 50 cents, as well as 1, 2.5, and 5 guilders. Banknotes are issued in 10, 25, 50, 100, and 500 guilders.

10. Are there any restrictions on currency import and export in St. Maarten?

Visitors traveling to St. Maarten are required to declare any amount exceeding 20,000 ANG or its equivalent in other currencies upon arrival. There are no restrictions on the import and export of foreign currency, but it’s always best to check with customs regulations before traveling.

11. Can I use traveler’s cheques in St. Maarten?

While traveler’s cheques were once a popular way to carry money while traveling, they are not as widely accepted in St. Maarten as they once were. It’s recommended to use a combination of cash and cards for ease of use and convenience.

12. How is the exchange rate for US dollars to the Antillean guilder determined?

The exchange rate between US dollars and the Antillean guilder is fixed at 1 USD to 1.79 ANG. This fixed exchange rate has been in place for many years, providing stability and certainty for currency transactions on the island.