Convert Aruban Florin to Mexican Peso
Please provide values below to convert Aruban Florin [AWG] to Mexican Peso [MXN], or Convert Mexican Peso to Aruban Florin.
How to Convert Aruban Florin to Mexican Peso
1 AWG = 0.0960084101221828 MXN
Example: convert 15 AWG to MXN:
15 AWG = 15 × 0.0960084101221828 MXN = 1.44012615183274 MXN
Aruban Florin to Mexican Peso Conversion Table
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Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.