ANG (Netherlands Antilles Guilder)
Definition of 'ANG (Netherlands Antilles Guilder)'The currency abbreviation or currency symbol for the Netherlands Antilles guilder (ANG), the currency for Netherlands Antilles, a Caribbean country of the Kindom of the Netherlands. The Netherlands Antilles guilder is made up of 100 cents. |
|
Investopedia explains 'ANG (Netherlands Antilles Guilder)'The guilder was first introduced in the Netherlands Antilles in the 18th century as the Dutch guilder. Following the period from 1799 to 1828, during which the reaal replaced the guilder, the Dutch guilder was reintroduced again in 1828. In 1940, the link to the Dutch currency was broken, and the currency was pegged to the U.S. dollar at a rate of 1.88585 guilders to 1 U.S. dollar, which was adjusted in 1971 to the current peg of 1.79 guilders to 1 U.S. dollar. |
Related Definitions
Articles Of Interest
-
Currency Exchange: Floating Rate Vs. Fixed Rate
Baffled by exchange rates? Wonder why some currencies fluctuate while others are pegged? This article has the answers. -
How are international exchange rates set?
International currency exchange rates display how much one unit of a currency can be exchanged for another currency. Currency exchange rates can be floating, in which case they change continually ... -
Top 7 Questions About Currency Trading Answered
Whether you're puzzled by pips or curious about carry trades, your queries are answered here. -
8 Basic Forex Market Concepts
We go over some of the things you need to understand before you can trade currencies. -
Dollarization Explained
Find out how fledgling economies can find some stability in their currency and attract foreign investment. -
6 Factors That Influence Exchange Rates
Find out how a currency's relative value reflects a country's economic health and impacts your investment returns. -
What Are Central Banks?
They print money, they control inflation, and much, much more. All you need to know about central banks is here. -
If a country's currency is determined by the strength of its economy, why isn't the U.S. dollar worth more than the British pound?
Generally speaking, when Country A's currency is worth more than that of Country B, it does not necessarily mean that Country A's economy is stronger than B's. For example, Japan's economy is ... -
The Yen Is Setting Up To Be An Attractive Long-Term Investment
As Japan embarks on quantitative easing, the yen has come under pressure. Will it continue to be the source of big profits in the latter half of 2013? -
Trading Forex Trends With MACD And Moving Averages
Although based on short-term trading, keeping the long-term picture in mind will help investors trade with the trend.