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.

BREAKING DOWN '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.

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