Forex

USD/ANG

USDANG

Price

USDANG

USD/ANG

24h Change

24h High

24h Low

Overview

The Netherlands Antillean Guilder (ANG) is the official currency of Curaçao and Sint Maarten, both constituent countries within the Kingdom of the Netherlands. Historically, the ANG has been pegged to the US dollar, maintaining a stable exchange rate that facilitates trade and economic stability in these regions. This peg ensures that the USD/ANG pair experiences minimal fluctuations, making it a stable but less liquid trading option.

In summary, the USD/ANG currency pair offers stability due to the guilder's peg to the US dollar, making it suitable for traders seeking predictable exchange rates. However, its limited liquidity and trading volume may pose challenges for those looking for more active trading opportunities.

Price Chart

Technical Details

Currency Code ANG

Pegged Exchange Rate Approximately 1 USD = 1.79 ANG

Countries Using ANG Curaçao and Sint Maarten

Subunits 1 ANG = 100 cents

Why Trade USD/ANG?

Stability

The peg to the US dollar ensures minimal exchange rate fluctuations.

Predictability

Traders can anticipate consistent exchange rates, aiding in financial planning.

Pros & Cons

Advantages

Stable exchange rate due to the guilder's peg to the US dollar.
Low volatility, offering predictability for traders.

Disadvantages

Limited trading volume, leading to lower liquidity.
Not commonly traded, resulting in wider bid-ask spreads.

Frequently Asked Questions

Why is the USD/ANG exchange rate so stable? +

The stability arises from the ANG's peg to the US dollar, maintaining a fixed exchange rate to promote economic stability.

Is the ANG used outside of Curaçao and Sint Maarten? +

No, the ANG is exclusively used in Curaçao and Sint Maarten.

How does the peg affect trading opportunities? +

While the peg provides stability, it results in low volatility, which may limit short-term trading opportunities but benefits long-term financial planning.

Are there plans to change the ANG's peg to the USD? +

As of now, there are no official plans to alter the peg between the ANG and the USD.

How can I trade the USD/ANG pair? +

Due to its limited liquidity, not all forex brokers offer the USD/ANG pair. Interested traders should consult brokers that provide access to exotic currency pairs.