Convert United States Dollar to Aruban Florin
Please provide values below to convert United States Dollar [USD] to Aruban Florin [AWG], or Convert Aruban Florin to United States Dollar.
How to Convert United States Dollar to Aruban Florin
1 USD = 0.558659217877095 AWG
Example: convert 15 USD to AWG:
15 USD = 15 × 0.558659217877095 AWG = 8.37988826815642 AWG
United States Dollar to Aruban Florin Conversion Table
United States Dollar | Aruban Florin |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.