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 285 631.78700189853 VEF
2 AWG10 571 263.57400379706 VEF
3 AWG15 856 895.36100569559 VEF
4 AWG21 142 527.14800759412 VEF
5 AWG26 428 158.93500949265 VEF
6 AWG31 713 790.72201139118 VEF
7 AWG36 999 422.50901328972 VEF
8 AWG42 285 054.29601518825 VEF
9 AWG47 570 686.08301708678 VEF
10 AWG52 856 317.87001898531 VEF
100 AWG528 563 178.70018985307 VEF
200 AWG1 057 126 357.40037970614 VEF
300 AWG1 585 689 536.10056955922 VEF
400 AWG2 114 252 714.80075941229 VEF
500 AWG2 642 815 893.50094926536 VEF
600 AWG3 171 379 072.20113911843 VEF
700 AWG3 699 942 250.9013289715 VEF
800 AWG4 228 505 429.60151882458 VEF
900 AWG4 757 068 608.30170867765 VEF
1 000 AWG5 285 631 787.00189853072 VEF
2 000 AWG10 571 263 574.00379706144 VEF
5 000 AWG26 428 158 935.00949265359 VEF
10 000 AWG52 856 317 870.01898530719 VEF
20 000 AWG105 712 635 740.03797061438 VEF
50 000 AWG264 281 589 350.09492653594 VEF
100 000 AWG528 563 178 700.18985307188 VEF
Last updated May 22, 2025 at 08:55 AM