AWG to UYU
Currency conversion rates from AWG to UYU
|1 AWG||1 UYU|
|5 AWG||5 UYU|
|10 AWG||10 UYU|
|20 AWG||20 UYU|
|50 AWG||50 UYU|
|100 AWG||100 UYU|
|250 AWG||250 UYU|
|500 AWG||500 UYU|
|1000 AWG||1000 UYU|
|2000 AWG||2000 UYU|
|5000 AWG||5000 UYU|
|10000 AWG||10000 UYU|
|1 UYU||1 AWG|
|5 UYU||5 AWG|
|10 UYU||10 AWG|
|20 UYU||20 AWG|
|50 UYU||50 AWG|
|100 UYU||100 AWG|
|250 UYU||250 AWG|
|500 UYU||500 AWG|
|1000 UYU||1000 AWG|
|2000 UYU||2000 AWG|
|5000 UYU||5000 AWG|
|10000 UYU||10000 AWG|
AWG - Aruban Florin (AWG)
The Aruban Florin is pegged to the US Dollar at 1.79 Florin = 1 USD. The Central Bank of Aruba issues the currerncy. Aruba is a 33-km long island in the southern Caribbean Sea, 27 km north of the coast of Venezuela and approximately 130 km east of the peninsula of Guajira in Colombia. Together with Bonaire and Curacao, it is part of a group known as the ABC islands of the Leeward Antilles, the southern island chain of the Lesser Antilles.
The Aruban Florin is the currency in Aruba (AW, ABW). The Aruban Florin is also known as the Aruba Guilder, and the Aruban Gulden. The symbol for AWG can be written Afl. The Aruban Florin is divided into 100 cents. The exchange rate for the Aruban Florin was last updated on May 24, 2019 from Yahoo Finance. The AWG conversion factor has 3 significant digits.
- Aruba enjoys one of the highest living standards in the Caribbean region and has a low unemployment rate.
- Tourism and related activities account for about 75% of Aruba’s GNP. Most tourists are from Venezuela or the United States.
- Before the “Status Aparte”, when Aruba became a separate, completely autonomous country/state in the kingdom of the Netherlands, oil processing was the dominant industry in spite of the expanding tourism sector.
- Today the influence of the oil processing business is minimal. The agricultural and manufacturing sectors are also minimal.
- In 1986, the Aruban Florin replaced the Netherlands Antillean Guilder, inheriting its peg to the United States Dollar. Coins were introduced in denominations of 5, 10, 25 and 50 cents, as well as 1 and 2½ guilders. Later, the 5-florin note was replaced by a square coin and the 2½ guilder coin was discontinued.
- In 2005 the 5-florin note was replaced by a gold coin. All coins are struck in nickel-steel except the 5-guilder, which is a combination of copper and other metals. The 50-cent coin is the only square coin and is also known as the Yotin.
UYU - Uruguayan Peso ($U)
The Uruguayan Peso is the official currency of Uruguay. The name has been in use since the European settlement. The present currency was adopted in 1993 and is subdivided into 100 centésimos.
The Uruguayan peso is the currency in Uruguay (UY, URY). The symbol for UYU can be written $U. The Uruguayan peso is divided into 100 centesimos. The exchange rate for the Uruguayan peso was last updated on May 22, 2019 from The International Monetary Fund. The UYU conversion factor has 6 significant digits.
- The economy of Uruguay is characterized by an export-oriented agricultural sector, a well-educated work force, and high levels of social spending.
- In 1603, cattle were introduced in Uruguay before its independence by Hernando Arias de Saveedra, the Spanish Governor of Buenos Aires. In 2006, beef accounted for about 37% of Uruguayan exports.
- Wool is a traditional product exported mainly to America, followed by the UK and India.
- Conaprole, the National Cooperative of Milk Producers, was the main exporter of dairy products in Latin America in 2006.
- Fine varieties of rice are produced in the eastern lowlands, close to Merin lake on the Uruguay-Brazil border.
- In 1828, Uruguay's currency was based on the silver Peso of eight reales, commonly known as the Patacon, and the gold onza de oro, valued at 16 pesos silver. A large quantity of debased copper coin also circulated.
- In October, 1828, lacking the means to implement a national coinage, Gen. Jose Rondeau’s provisional government permitted foreign silver and gold coin to circulate freely at their intrinsic value, but restricted and later (1829) prohibited the importing of copper coins and the circulation of Buenos Aires banknotes.
- A key characteristic of the currency is its instability, which increased in the spring of 2002.
- Uruguayans have become accustomed to the constant devaluation and instability of their currency, and have developed a fitting lingo – calling periods of Dollar appreciation atraso cambiario ("the exchange rate is running late").