AWG to VEF Exchange Rate - Convert Aruba Florin to Venezuelan Bolivar Fuerte

Converting from Aruba Florin (AWG) to Venezuelan Bolivar Fuerte (VEF)

What is Aruba Florin (AWG)

The Aruba Florin (AWG) is the official currency of Aruba, a beautiful island located in the Caribbean Sea, off the coast of Venezuela. The currency symbol for the Florin is often represented as "ƒ." The AWG is subdivided into 100 cents, making it similar to many other currencies worldwide.

The Aruba Florin is a stable currency, primarily supported by the island's tourism-driven economy. Aruba is known for its stunning beaches, warm climate, and vibrant culture, attracting thousands of tourists each year. The central bank of Aruba, known as the Centrale Bank van Aruba, is responsible for issuing and regulating the Florin.

In recent years, the value of the AWG has remained relatively stable compared to other currencies. For example, the exchange rate often stays within a narrow band against the US Dollar (USD), making it easier for tourists to convert their money.

What is Venezuelan Bolivar Fuerte (VEF)

The Venezuelan Bolivar Fuerte (VEF) was the official currency of Venezuela until it was replaced by a new currency, the Bolívar Soberano (VES), in 2018 in an effort to mitigate hyperinflation. The term "Fuerte" means "strong" in Spanish, but due to severe economic issues, the currency has lost significant value over the years.

Before its replacement, the VEF was subdivided into 100 céntimos. The currency symbol for the bolivar was commonly represented as "Bs.F." Throughout Venezuela's ongoing economic crisis, the bolivar experienced hyperinflation, leading to rapid devaluation. As a result, cash transactions became challenging, and many Venezuelans turned to foreign currencies, particularly the US Dollar, to handle daily expenses.

Even though the Bolivar Fuerte is no longer in use, it is important to understand how currency conversion worked between the AWG and VEF before the transition to the Bolívar Soberano. Historically, the exchange rates varied greatly, influenced by political and economic stability. For instance, at one time, 1 AWG could exchange for thousands of VEF due to the rampant inflation plaguing the Venezuelan economy.

Conclusion

Understanding the Aruba Florin and the Venezuelan Bolivar Fuerte is essential, especially for travelers and those interested in Caribbean and South American economics. The Florin remains a stable currency, while the Bolivar's former value exemplifies the impact of economic policies and conditions on currency. When converting from AWG to VEF, always check the latest exchange rates and consider that historical values may not reflect current conditions.

As international currency relations continue to evolve, staying informed will ensure smoother transactions and better financial planning.

Aruba Florin to Venezuelan Bolivar Fuerte conversion table

AWG to VEF conversion table

Aruba Florin (AWG)Venezuelan Bolivar Fuerte (VEF)
1 AWG5 108 638.50284554352 VEF
2 AWG10 217 277.00569108705 VEF
3 AWG15 325 915.50853663057 VEF
4 AWG20 434 554.01138217409 VEF
5 AWG25 543 192.51422771761 VEF
6 AWG30 651 831.01707326114 VEF
7 AWG35 760 469.51991880466 VEF
8 AWG40 869 108.02276434818 VEF
9 AWG45 977 746.5256098917 VEF
10 AWG51 086 385.02845543523 VEF
100 AWG510 863 850.28455435228 VEF
200 AWG1 021 727 700.56910870455 VEF
300 AWG1 532 591 550.85366305683 VEF
400 AWG2 043 455 401.1382174091 VEF
500 AWG2 554 319 251.42277176138 VEF
600 AWG3 065 183 101.70732611366 VEF
700 AWG3 576 046 951.99188046593 VEF
800 AWG4 086 910 802.27643481821 VEF
900 AWG4 597 774 652.56098917049 VEF
1 000 AWG5 108 638 502.84554352276 VEF
2 000 AWG10 217 277 005.69108704552 VEF
5 000 AWG25 543 192 514.22771761381 VEF
10 000 AWG51 086 385 028.45543522762 VEF
20 000 AWG102 172 770 056.91087045523 VEF
50 000 AWG255 431 925 142.27717613808 VEF
100 000 AWG510 863 850 284.55435227616 VEF
Last updated May 8, 2025 at 11:55 PM