Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
US dollar to Aruban or Dutch guilder exchange rate
Find the best USD/AWG exchange rate for 09 Mar 2021.
Refreshing in: 60s | Tue, Mar 09, 10:40AM GMT
- Cheap transfers
- Bank-beating exchange rates
- Safe and reliable
Historical Rate chart of USD and AWG
How can I get the best exchange rate between US dollar and the Aruban florin?
To ensure you are getting the best exchange rate between the US dollar and the Aruban florin, you can compare different online money transfer services and banks to find the one that offers the rate closest to the mid-market rate.
Aruba has a low inflation rate and even experienced deflation in 2016. Due to these factors, there may be uncertainty regarding the real value of the florin and whether investing in it is a good idea or not. If investors really do become concerned about the state of the Aruban economy, it may put downward pressure on the florin and decrease its value.
If you are traveling to Aruba, it may be good to know that you can also get by with US dollars. Dollars are widely accepted in Aruba, and you can spend your US dollars in most shops, hotels, and restaurants. However, keep in mind that the exchange rate you will be offered at shops and restaurants will differ from the rate you will be offered in banks. In almost all cases, the banks will give you a better exchange rate.
|Sub unit symbol:||c|
|Bank notes:||$1, $5, $10, $20, $50, $100|
|Coins:||1c, 5c, 10c, 25c, 50c|
|Sub unit symbol:||c|
|Bank notes:||10, 25, 50, 100, 500|
|Coins:||5c, 10c, 25c, 50c, 1c, 5 florin|
What affects exchange rates between the US dollar and the Aruban florin?
The Aruban florin is currently pegged to the US dollar at a rate of 1.79 florin to 1 US dollar. As long as the current peg policy does not change, this exchange rate will remain the same. However, if economic conditions in Aruba changes significantly, the central bank may be forced to revalue the peg. Factors that could lead to this include a rise in public debt, a slowing economy, or interest rate changes.
The public debt of Aruba is around 85% of the GDP, which is much higher than the normal rate for a small economy like Aruba’s. Due to this, the economy is vulnerable to external shocks. Aruba also faces several obstacles to economic growth, including a narrow economic base, significant interest payments and fixed exchange rate regime. To ensure stability, the Aruban government needs to tackle policies that can balance decreasing debt and boost real growth.
Aruba is a small country with an economy that is heavily dependent on tourism, which accounts for 30% of the island’s total income. In addition to this, Aruba has an unemployment rate of less than 1%.
Interest rates in both Aruba and the United States also have an impact on the exchange rate between the two currencies. Higher interest rates in one of the countries tend to lead to a higher exchange rate for that same country. Hence, if interest rates in Aruba rise, investors will be drawn to it and the value of the Aruban florin will rise.
How does the Aruban florin trade against the US dollar historically?
Before Aruba gained independence from the Netherlands, the region’s official currency was the Antillean guilder, which was pegged to the US dollar at 1.79 guilders to a dollar. After its separation from the Netherland Antilles in 1986, Aruba introduced its own currency, the Aruban florin.
Since its introduction, the florin has been pegged to the US dollar at the same rate, 1.79 florins for 1 US dollar. However, travelers to Aruba will often find that the “street value” of the currency may be fluctuating more. Usually, shops and restaurants in Aruba will exchange US dollars at a rate between 1.75 and 1.80 florin for 1 US dollar.
US Dollar to the Aruban Florin for the last 10 days
|Feb 27||Feb 28||Mar 01||Mar 02||Mar 03||Mar 04||Mar 05||Mar 06||Mar 07||Mar 08|
|1 USD =||1.8013 Inverse: 0.5552||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556|
US Dollar to the Aruban Florin for the last 10 months
|May 2020||Jun 2020||Jul 2020||Aug 2020||Sep 2020||Oct 2020||Nov 2020||Dec 2020||Jan 2021||Feb 2021|
|1 USD =||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8002 Inverse: 0.5555||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556||1.8000 Inverse: 0.5556|
US Dollar to the Aruban Florin for the last 10 years
|Mar 2011||Mar 2012||Mar 2013||Mar 2014||Mar 2015||Mar 2016||Mar 2017||Mar 2018||Mar 2019||Mar 2020|
|1 USD =||1.7903 Inverse: 0.5586||1.7901 Inverse: 0.5586||1.7902 Inverse: 0.5586||1.7900 Inverse: 0.5587||1.7925 Inverse: 0.5579||1.7933 Inverse: 0.5576||1.8000 Inverse: 0.5556||1.7875 Inverse: 0.5594||1.8010 Inverse: 0.5552||1.8000 Inverse: 0.5556|
Send money from USD to AWG
Market rate for common transfer amounts USD to AWG
|US Dollars (USD)||Aruban Florin (AWG)|
Exchange rates from USD to other currencies
More guides on Finder
Sigue international money transfers review
Sigue offers speedy money transfers to 50+ countries, but you have to set up a transfer to see the transaction fees.
Remittances weakened by a struggling US dollar
Understanding your money sending options can help you send the most money abroad while the dollar struggles.
Usend combines money transfers, bill pay and mobile phone reloading.
Paysend offers transfers to more than 70 countries through its app and online service.
Tax guidelines and regulations for large money transfers to Hong Kong
Sending a large money transfer to Hong Kong? Learn about laws and required documentation before you transfer.
Sending money internationally during the coronavirus pandemic
Learn about how COVID-19 may affect the ways you transfer cash around the world.
Sending money to Mexico during the coronavirus
Learn how COVID-19 may affect how you transfer cash across the border.
Review: TransferMate for your international business transfer
TransferMate can help your business send money across the globe. Read our review to find out about exchange rates, fees and safety.
Learn about how TransferMate’s personal product works and what it can do for you.
XE vs. OFX money transfers
Check out this side-by-side comparison of XE and OFX to find out which provider offers the best value on international money transfers.
Ask an Expert