The Netherlands Antillean Guilder is the currency of Curaçao and Sint Maarten. It has been pegged to the US dollar since 1971 and is managed by the Central Bank of Curaçao and Sint Maarten.
Economy
Curaçao and Sint Maarten is a member of Associated with Netherlands in EU, Caribbean Community (observer), Various Caribbean organizations.
Main industries include: Tourism, Petroleum refining, Offshore finance, Trade, Transportation.
Imports are crude oil, food, manufactured goods, chemicals.
Major exports include petroleum products, tourism services, financial services.
GDP per capita: $19,500 (Curaçao), $35,000 (Sint Maarten) - 2023 est..
Unemployment rate: 13% (2023 est.).
Inflation rate: 3.2% (2023 est.).
Main trading partners: United States, Venezuela, Netherlands, Colombia, Brazil.
Trade agreements: EU agreements through Netherlands, Caribbean trade arrangements.
History
Previous currencies used: Dutch guilder, Various colonial currencies.
The guilder was introduced in 1940, initially pegged to the Dutch guilder. It became the currency of the Netherlands Antilles and later Curaçao and Sint Maarten after the dissolution of the Netherlands Antilles in 2010.
1940: Netherlands Antillean guilder introduced
1971: Pegged to US dollar at 1.79:1
2010: Netherlands Antilles dissolved, currency continues in Curaçao and Sint Maarten
2013: Monetary agreement renewed between constituent countries
Exchange rate peg: USD (1971-present) at 1.79 ANG = 1 USD.
Currently pegged to USD at 1.79 ANG = 1 USD.
General Information
ISO 4217 Code: ANG
Symbols: ANG/ƒ
Currency Subunits: 100 cents
Central Bank: Central Bank of Curaçao and Sint Maarten
Monetary Policy: Currency board system maintaining USD peg. Focus on monetary and financial stability in both constituent countries.
Communications: Modern telecommunications, high internet penetration, 4G networks
Energy: Fossil fuels, growing renewable energy initiatives, solar and wind projects
Countries Using This Currency: Curaçao and Sint Maarten
Data Sources: Central Bank: Central Bank of Curaçao and Sint Maarten (centralbank.cw), Economic Data: CBS Curaçao, Department of Statistics Sint Maarten, Trade Data: Customs departments of both territories, Demographic Data: National statistical offices, Geographic Data: Meteorological services, Historical Data: Central bank archives