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Currency?

crassus
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17 years 1 month ago #1902 by crassus

Currency? was created by crassus

What form of currency is most accepted on the island. Even more is the U.S. dollar accepted there, or do I need to exchange it somewhere for the native currency?

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SunSeeker
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17 years 1 month ago #1991 by SunSeeker

Replied by SunSeeker on topic RE:Currency?

With dollars you can pay anywhere on aruba. You can even get dollars from the ATM.

Just a day at the office...
Correct me if I'm wrong. :-)

hirami
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17 years 1 month ago #2029 by hirami

Replied by hirami on topic RE:Currency?

The currency of Aruba is called the Aruban guilder/florin. I'm not quite sure why it has two names, though. Even though the dollar is accepted there, what exactly is the exchange rate, or are they equal?

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SunSeeker
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17 years 1 month ago #2032 by SunSeeker

Replied by SunSeeker on topic RE:Currency?

One dollar is approximately 1.75 florin. The rate of the florin is pegged to the dollar. so this is always the same.
The two names, Florin is the Currency, Guilder is the coin.

Just a day at the office...
Correct me if I'm wrong. :-)

bethoven
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17 years 1 month ago #2040 by bethoven

Replied by bethoven on topic RE:Currency?

1 us dollar= 1.8000 Aruban Florin, or 1 Aruban Florin(AWG)=0.55556 US Dollar (USD). This is based of today's value, aug. 4,09. Do you think this just a small rate?:rolleyes:

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tex0322
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17 years 1 month ago #2049 by tex0322

Replied by tex0322 on topic RE:Currency?

What do the businesses there prefer? Has anyone had any problems with say hole in the wall places taking the US Dollar? I was planning on exchanging to their currency before I leave but if the exchange rate is pretty much fixed maybe I won't.

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