Getting to Know Bonaire’s Currency
If you’re planning a trip or looking into business opportunities on Bonaire, it’s important to know about the local currency. In the special municipality of Bonaire (part of Caribbean Netherlands) the official currency is the United States Dollar (USD)-used since 2011, shortly after the dissolution of the Netherlands Antilles in 2010. This switch simplified things for tourists and businesses by avoiding foreign-exchange fees and ensuring stability with a globally accepted currency.
Why Use the U.S. Dollar as the Bonaire currency?
The U.S. Dollar is known for its stability and is widely accepted, which makes it a practical choice for Bonaire. It helps both tourists and businesses by making transactions clear and straightforward.
History of the Netherlands Antillean Guilder
Before the U.S. dollar, the Netherlands Antillean guilder (NAf) was Bonaire’s currency. The Antillean Monetary Union used it. The NAf, divided into 100 cents, came in both banknotes and coins. However, with the dissolution of the Netherlands Antilles in 2010, Bonaire, Saba, and Sint Eustatius stopped using the NAf. This led to the U.S. dollar becoming the new currency.
Switching to the U.S. dollar has made Bonaire’s economy more stable and well-known worldwide. Travelers can now use a currency they’re used to. This makes it easier to enjoy Bonaire’s unique culture and beauty.
What to Know About Money in Bonaire
In Bonaire, when you see prices marked with a “$”, they are in U.S. dollars. Handling money here is quite easy:
– Credit Cards and ATMs:
Most places accept major credit cards like Visa and MasterCard. Some businesses also take American Express and Diners Club, but they’re less common. It’s a good idea to tell your bank you’ll be traveling so you don’t run into any issues. ATMs are easy to find in busy areas and they give out U.S. dollars, so you don’t have to worry about converting money.
– Tips for Budgeting:
Effective budgeting is key to enjoying your time without financial stress. Here are a few tips:
– Accommodations: Bonaire offers a range of lodging options, from luxury resorts to budget-friendly guesthouses. Prices vary widely, so book in advance to get the best deals. In this article you can find the best selection of hotels on island.
– Dining: You can find meals at various price points. While upscale restaurants are more expensive, there are plenty of affordable dining options that offer delicious local cuisine. Looking for great places to eat? Check our article about the top restaurants on Bonaire.
– Activities: Budget for activities like snorkeling, diving, and tours. You can often book many of these in advance, usually at a discount. We have created a list of activities for you to choose from.
Whether you’re staying at a fancy resort or a more affordable guesthouse, plan and book ahead to get the best deals. Eating out can fit any budget, with expensive restaurants and cheaper local spots both available. Remember to set aside money for fun activities like snorkeling or tours, and you might even find discounts if you book these in advance.
Languages Spoken on Bonaire
Along with dealing with money, it’s good to know about the languages spoken here. Dutch is the official language of Bonaire, but Papiamentu is also widely spoken in everyday life. English and Spanish are common too, so communicating shouldn’t be a problem whether you’re exploring the island or handling business transactions.
Safety and Tipping
Bonaire is a safe place, but always keep your belongings secure and be mindful of your surroundings, especially in crowded places. Like in the United States, it’s common to tip 10-15% for services like eating out and diving. But, the way people tip in Bonaire can change based on the service quality and cultural differences.
The minimum tip in Bonaire is usually 0 to 5% if you’re not happy with the food or service. But, if you’re pleased, a 10% tip is standard. For outstanding service, a 15% tip is often suggested.
American tourists tend to tip more than Dutch visitors in Bonaire. This difference comes from cultural differences and how labor laws affect minimum wages for tipped workers in the Caribbean.
To prevent any confusion or awkwardness, it’s good to know the tipping customs in Bonaire. By understanding the expected tips, visitors can make their stay smooth and fun. This way, they can fully enjoy the unique culture of the Caribbean island.
New Caribbean Guilder (XCG) in Curaçao & Sint Maarten
As of March 31, 2025 Curaçao and Sint Maarten introduced the Caribbean Guilder, officially known as XCG (ISO code), locally referred to as Caribische gulden or florin karibense. It replaces the old Antilliaanse Gulden (ANG), which remained legal tender until June 30, 2025. It has a pegged exchange rate of 1 USD = 1.79 XCG. There are coins of 1, 5, 10, 25, 50 cents; 1 and 5 guilders. Banknotes in 10, 20, 50, 100 and 200 guilders. The banknotes are designed with Caribbean wildlife and landmarks, issued by the Central Bank of Curaçao & Sint Maarten. The ANG remains exchangeable at banks and the Central Bank for years, so no rush to change old notes for the new Caribbean Guilder.
| Island(s) | Currency | Exchange Rate |
|---|---|---|
| Bonaire (Caribisch Nederland) | U.S. dollar | 1 USD = 1 USD |
| Curaçao & Sint Maarten | Caribbean guilder (XCG) | Pegged 1 USD = 1.79 XCG |
| Former Antilliaanse gulden (ANG) | Replaced | 1 USD = 1.79 ANG |
Using the amerikaanse dollar, knowing about the antilliaanse gulden, understanding exchange rates, and being aware of the new Caribbean Guilder (XCG) will help you travel smarter across the Caribisch nederland region.
Conclusion
Using the U.S. dollar makes spending and managing money on Bonaire easy. With these tips on how to use your cards, get cash, and budget for your trip, you’ll be all set for a smooth and enjoyable visit or business venture on the island.
Frequently Asked Questions (FAQs):
1. What currency do they use in Bonaire?
– Bonaire uses the United States Dollar (USD) as its official currency.
2. Does Bonaire and Curaçao share the same currency?
– No, they do not. Bonaire uses the USD, while Curaçao uses the Netherlands Antillean Guilder (ANG).
3. Why does Bonaire use US currency?
– The government decided to use the US Dollar in Bonaire when the Netherlands Antilles dissolved in 2010. They deemed it more practical for Bonaire’s economy, which heavily relies on tourism, primarily from the US.
4. Which credit cards do they accept on Bonaire?
– Merchants widely accept Visa and Mastercard. You can also use American Express and Diners Club at some places.
With this handy guide, you’re ready to handle money like a local and make the most of your time on Bonaire!