List of proposed currencies

Last updated

This is a list of proposed currencies. Currencies are listed by their latest significant proposal.

Contents

19th century

20th century

2000s

2010s

Related Research Articles

The Eastern Caribbean dollar is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS). The successor to the British West Indies dollar, it has existed since 1965, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated currencies. The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar since 7 July 1976, at the exchange rate of US$1 = EC$2.70.

<span class="mw-page-title-main">Foreign relations of Jamaica</span>

Jamaica has diplomatic relations with many nations and is a member of the United Nations and the Organization of American States. Jamaica chairs the Working Group on smaller Economies.

<span class="mw-page-title-main">Caribbean Community</span> Regional intergovernmental organisation

The Caribbean Community is an intergovernmental organisation that is a political and economic union of 15 member states and five associated members throughout the Americas, The Caribbean and Atlantic Ocean. It has the primary objective to promote economic integration and cooperation among its members, ensure that the benefits of integration are equitably shared, and coordinate foreign policy. The organisation was established in 1973, by its four founding members signing the Treaty of Chaguaramas. Its primary activities involve:

<span class="mw-page-title-main">Organisation of Eastern Caribbean States</span> Intergovernmental organisation

The Organisation of Eastern Caribbean States is an inter-governmental organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance between countries and territories in the Eastern Caribbean. It also performs the role of spreading responsibility and liability in the event of natural disaster.

<span class="mw-page-title-main">Subregion</span> Part of a larger geographical region or continent

A subregion is a part of a larger geographical region or continent. Cardinal directions are commonly used to define subregions. There are many criteria for creating systems of subregions; this article is focusing on the United Nations geoscheme, which is a changing, constantly updated, UN tool based on specific political geography and demography considerations relevant in UN statistics.

<span class="mw-page-title-main">Currency union</span> Agreement involving states sharing a single currency

A currency union is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration.

<span class="mw-page-title-main">Economy of North America</span>

The economy of North America comprises more than 596 million people in its 24 sovereign states and 15 dependent territories. It is marked by a sharp division between the predominantly English speaking countries of Canada and the United States, which are among the wealthiest and most developed nations in the world, and countries of Central America and the Caribbean in the former Latin America that are less developed. Mexico and Caribbean nations of the Commonwealth of Nations are between the economic extremes of the development of North America.

<span class="mw-page-title-main">Association of Caribbean States</span> Regional intergovernmental organization

The Association of Caribbean States is an advisory association of nations centered on the Caribbean Basin. It was formed with the aim of promoting consultation, cooperation, and concerted action among all the countries of the Caribbean coastal area. The 5 main purposes of the ACS is to promote greater trade between the nations, enhance transportation, develop sustainable tourism, facilitate greater and more effective responses to local natural disasters, and to preserve and conserve the Caribbean Sea.

<span class="mw-page-title-main">Netherlands Antillean guilder</span> Currency of Curaçao and Sint Maarten

The Netherlands Antillean guilder is the currency of Curaçao and Sint Maarten, which until 2010 formed the Netherlands Antilles along with Bonaire, Saba, and Sint Eustatius. It is subdivided into 100 cents. The guilder was replaced on 1 January 2011 on the islands of Bonaire, Saba and Sint Eustatius by the United States dollar.

<span class="mw-page-title-main">CARICOM Single Market and Economy</span> Common market strategy of Caribbean states

The CARICOM Single Market and Economy, also known as the Caribbean Single Market and Economy (CSME), is an integrated development strategy envisioned at the 10th Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) which took place in July 1989 in Grand Anse, Grenada. The Grand Anse Declaration had three key Features:

  1. Deepening economic integration by advancing beyond a common market towards a Single Market and Economy.
  2. Widening the membership and thereby expanding the economic mass of the Caribbean Community.
  3. Progressive insertion of the region into the global trading and economic system by strengthening trading links with non-traditional partners.

This is a list of the central banks and currencies of the Caribbean.

<span class="mw-page-title-main">Caribbean Free Trade Association</span> English speaking economic trade organization

The Caribbean Free Trade Association (CARIFTA) was an English-speaking economic trade organisation. It organised on 1 May 1968, to provide a continued economic linkage between the English-speaking countries of the Caribbean. The agreements establishing it came following the dissolution of the West Indies Federation, which lasted from 1958 to 1962.

<span class="mw-page-title-main">African Monetary Union</span> Proposed economic and monetary union

The African Monetary Union (AMU) is the proposed creation of an economic and monetary union for the countries of the African Union, administered by the African Central Bank. Such a union would call for the creation of a new unified currency, similar to the euro; the hypothetical currency is sometimes referred to as the afro or afriq. The single African currency is to be composed of currency units made up of regional union reserve bank currency units of which are made up country specific currencies.

<span class="mw-page-title-main">CARICOM passport</span> Passport

The CARICOM passport is a passport document issued by the 15 member states of the Caribbean Community (CARICOM) for their citizens. It can be used both for intra-regional and international travel. The passport was created to facilitate intra-region travel; however, citizens of the OECS that are citizens from Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, Saint Lucia, Guyana and St. Vincent and the Grenadines may use a member-state issued drivers licence, national identification card, voters registration card or social security card for travel within the OECS area.

<span class="mw-page-title-main">Caribbean</span> Islands and coastal region surrounded by the Caribbean Sea

The Caribbean, is a subregion in the middle of the Americas centered around the Caribbean Sea in the North Atlantic Ocean. Bordered by North America to the north, Central America to the west, and South America to the south, it comprises numerous islands, cays, islets, reefs, and banks. It includes the Lucayan Archipelago, Greater Antilles, and Lesser Antilles of the West Indies; the Quintana Roo islands and Belizean islands of the Yucatán Peninsula; and the Bay Islands, Miskito Cays, Archipelago of San Andrés, Providencia, and Santa Catalina, and Corn Islands of Central America. It also includes the coastal areas on the continental mainland of the Americas bordering the region from the Yucatán Peninsula in North America through Central America to the Guianas in South America.

<span class="mw-page-title-main">Jamaicans</span> Citizens of Jamaica and their descendants

Jamaicans are the citizens of Jamaica and their descendants in the Jamaican diaspora. The vast majority of Jamaicans are of Sub-Saharan African descent, with minorities of Europeans, Indians, Chinese, Middle Eastern, and others of mixed ancestry. The bulk of the Jamaican diaspora resides in other Anglophone countries, namely Canada, the United States and the United Kingdom. Jamaican populations are also prominent in other Caribbean countries, territories and Commonwealth realms, where in the Cayman Islands, born Jamaicans, as well as Caymanians of Jamaican origin, make up 26.8% of the population. Outside of Anglophone countries, the largest Jamaican diaspora community lives in Central America, where Jamaicans make up a significant percentage of the population.

The Caribbean guilder or Caribbean florin is a planned currency of Curaçao and Sint Maarten, two constituent countries of the Netherlands, officially slated for introduction in 2025. It is divided into 100 cents. The Caribbean guilder is set to replace the Netherlands Antillean guilder (ANG) at par and be pegged to the U.S. dollar. The currency has an official launch scheduled for 31 March 2025 and will become the sole legal tender in the countries after 30 June 2025.

The economy of the Americas comprises more than 1 billion people in 35 different countries and 18 territories. Sometimes divided into the continents of North America and South America depending on the source, like other continents, the wealth between the states in the Americas varies considerably, with significant wealth inequality within nations. The difference in wealth across the Americas can be seen roughly between the economies of North America and South America, with the countries in the former significantly better off than those in the latter.

References

  1. "CARICOM Single Market (CSM) ratified! – Caribbean leaders sign formal document". p. Kingston, Jamaica: Jamaica Gleaner. January 31, 2006. OCLC   50239830.