Convert New Taiwan Dollar to Aruban Florin
Please provide values below to convert New Taiwan Dollar [TWD] to Aruban Florin [AWG], or Convert Aruban Florin to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Aruban Florin
1 TWD = 16.4050279329609 AWG
Example: convert 15 TWD to AWG:
15 TWD = 15 × 16.4050279329609 AWG = 246.075418994413 AWG
New Taiwan Dollar to Aruban Florin Conversion Table
| New Taiwan Dollar | Aruban Florin |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.