PYG to AWG

PYG - Paraguayan Guarani (Gs.)
AWG - Aruban Florin (Afl.)
1 PYG1 AWG

Currency conversion rates from PYG to AWG

PYGAWG
1 PYG1 AWG
5 PYG5 AWG
10 PYG10 AWG
20 PYG20 AWG
50 PYG50 AWG
100 PYG100 AWG
250 PYG250 AWG
500 PYG500 AWG
1000 PYG1000 AWG
2000 PYG2000 AWG
5000 PYG5000 AWG
10000 PYG10000 AWG
AWGPYG
1 AWG1 PYG
5 AWG5 PYG
10 AWG10 PYG
20 AWG20 PYG
50 AWG50 PYG
100 AWG100 PYG
250 AWG250 PYG
500 AWG500 PYG
1000 AWG1000 PYG
2000 AWG2000 PYG
5000 AWG5000 PYG
10000 AWG10000 PYG

AWG - Aruban Florin (AWG)

Aruban Florin

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.

Economy

  • 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.

History

  • 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.

More information about AWG - Aruban Florin (AWG)


PYG - Paraguayan Guarani ()

Paraguayan Guarani

The Guaraní is the official currency of Paraguay. It was subdivided into 100 céntimos, but they are no longer in use.

The Paraguay Guarani is the currency in Paraguay (PY, PRY). The symbol for PYG can be written G. The Paraguay Guarani is divided into 100 centimos. The exchange rate for the Paraguay Guarani was last updated on May 24, 2019 from Yahoo Finance. The PYG conversion factor has 5 significant digits.

Economy

  • Paraguay owns an economical market that is characterized with a huge non-formal region.
  • Agriculture dictates the economic system, however inequal land partition has caused in a huge area of peasant farm workers.
  • A large proportion of the inhabitants is uninvolved within the formal economy; instead working in agriculture.
  • Lately, the economic system has grown because of increased agrarian exports, particularly soybeans.
  • Fiscal fluctuations, particularly in financial policy, have helped to develop Paraguay’s economic state.
  • Paraguay benefits from the increased wealth of a younger population as well as huge hydroelectric capability. However, very few natural resources and political instabilitystate has undercut many of the country's economic advantages at present.
  • Paraguay was probably the most agrarian economic system within South America, and that region influenced with the efficiency of just about every single area of the economic state.

History

  • The primary Guaraní notes had been of fifty céntimos, 1o, 5, and 1 Guaraní over stamped on 50, a hundred, 500, and one thousand Pesos since 1943.
  • The currency family further expanded with the issuance of 5,000 and 10,000 Guaranies.
  • The 1982 revision added denominations within the Guaraní language to the reverses.
  • The first 50,000 Guaraníes banknotes were circulated in 1990, as well as 100, 000 Guaraníes in 1998.
  • Modern 50,000 Guaraníes banknotes were issued in 2005, however several forgeries came into existance prior to the official introduction.  As such, these bills were declared fake and worthless by the central bank.
  • Starting in 2004, all existing denominations, except 50,000 Guaraníes, underwent small adjustments, such as a more subtle and borderless watermark and enhanced safety features.

More information about PYG - Paraguayan Guarani ()