Aruba’s currency, the Aruban Florin (AWG), offers a unique blend of local identity and international practicality. Named after the Dutch word for “guilder,” the Florin reflects Aruba’s historical ties to the Netherlands while serving as a symbol of the island’s autonomy within the Kingdom of the Netherlands. As you prepare for your Aruban adventure, understanding the local currency will not only help you navigate financial transactions but also provide insights into the island’s rich cultural heritage and economic stability.
The Aruban Florin, with its colorful banknotes featuring local flora and fauna, tells a story of an island proud of its natural beauty and determined to maintain its economic independence. As you handle these vibrant notes and coins, you’ll be touching a piece of Aruba’s identity, from its Dutch colonial past to its current status as a thriving Caribbean tourism destination.
Now, let’s delve into the practical aspects of using the Aruban Florin during your travels, ensuring you’re well-prepared for your journey through this sun-soaked paradise.
Currency Guide for Travelers to Aruba
Official Currency
The official currency of Aruba is the Aruban Florin (AWG), also known as the Aruban Guilder. The symbol for the Florin is “ƒ” or “Afl.”[1][2]
Denominations
Banknotes:
- ƒ10
- ƒ25
- ƒ50
- ƒ100
- ƒ500
Coins:
- 5 cents
- 10 cents
- 25 cents
- 50 cents
- ƒ1
- ƒ2.5
- ƒ5[1][2]
Exchange Rates
The Aruban Florin has a fixed exchange rate with the US Dollar:
- 1 USD = 1.75 AWG (approximately)
This fixed rate has remained stable for many years, providing economic stability for the island[3].
Currency Usage
While the Aruban Florin is the official currency, US Dollars are widely accepted throughout the island. Many businesses, especially in tourist areas, quote prices in both Florins and US Dollars[1][3].
Cash vs. Cards
Major credit cards are widely accepted in hotels, restaurants, and larger establishments. However, it’s advisable to carry cash, particularly for small purchases, transportation, and tipping[3].
ATMs and Currency Exchange
ATMs are available across the island, allowing you to withdraw local currency using your debit or credit card. Currency exchange services are offered at banks, exchange offices, and some hotels[3].
Tips for Travelers
- Mix of Currencies: Carry a mix of US Dollars and Aruban Florins for convenience. Small denominations are particularly useful for everyday purchases and tipping[3].
- Credit Card Usage: While widely accepted, notify your bank about your travel plans to ensure smooth usage of your cards[3].
- Exchange Rate Awareness: Be aware that some businesses may offer less favorable exchange rates for US Dollars compared to official exchange outlets[3].
- ATM Usage: Using ATMs can often provide competitive exchange rates, but be aware of potential foreign transaction fees from your bank[3].
- Cash for Small Purchases: Keep cash on hand for small vendors, taxis, and tipping, as these often don’t accept cards[4].
- Tipping Culture: Aruba has a strong tipping culture. Having small bills and coins is useful for this purpose[4].
- Currency Exchange Locations: For the best rates, exchange currency at banks or official exchange offices rather than at hotels or the airport[3].
- US Dollar Acceptance: While US Dollars are widely accepted, using Florins may sometimes result in slightly better prices[1].
- Banknote of the Year: The 100-florin note was chosen as the “Banknote of the Year” in 2019 by the International Banknote Society, featuring beautiful artistic elements from Aruban culture[4].
- Fixed Exchange Rate: Take advantage of the fixed exchange rate between USD and AWG for easier budgeting and price comparisons[3].
By keeping these tips in mind and familiarizing yourself with the Aruban Florin, you’ll be well-prepared to handle financial transactions during your Aruban adventure. The island’s unique currency system, which embraces both local and international currencies, reflects Aruba’s welcoming attitude towards visitors. Enjoy exploring this beautiful Caribbean island, its culture, and its colorful currency!