Convert 1000000 Netherlands Antillean Guilder (ANG) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 17th November 2018 ( 17/11/2018 )
Below you will find the latest exchange rate for exchanging Netherlands Antillean Guilder (ANG) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Netherlands Antillean Guilder (ANG) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
*Disclaimer: AVERAGE intraday quotes were used for this conversion. The exchange rate the system calculated between Netherlands Antillean Guilder and Canadian Dollar on 17/11/2018 is 1 ANG = 0.6174 CAD
The Netherlands Antillean guilder (ANG) was once the official currency of the entire Netherlands Antilles. The independence of Aruba in 1986 precipitated three of the five Netherlands Antilles islands to eventually adopt the United States dollar with the remaining two islands, Curaçao ansd Sint Maarten, temporarily keeping the ANG, issued and controlled by the Central Bank of Curaçao and Sint Maarten. until a time after 2013 when they will adopt their new currency, the Caribbean guilder.
The guilder is subdivided and denominated in 1/100th guilder units known as "cents" with ANG coins minted as 1, 5, 10, 25, and 50 cents as well as 1, 2½, and 5. ANG banknotes are issued as 10, 25, 50, 100, 5, and 250.
The value of the ANG has been pegged to the United States dollar (USD) at 1.79 ANG to 1 USD since 1971.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.