Aruban Florin (AWG)
a.k.a. Aruban guilder, AWG
The currency of Aruba, code AWG, pegged to the US dollar at a fixed rate of 1.79 florins per dollar.
In plain English
The currency of Aruba, code AWG, pegged to the US dollar at a fixed rate of 1.79 florins per dollar.
The Aruban florin (AWG), also called the guilder, is the currency of the Caribbean island of Aruba. It is held at a fixed peg of 1.79 to the US dollar, which suits an economy that lives on American tourists.
Because of the peg, it barely moves against the dollar and is not something traders speculate on.
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