Convert Aruban Florin to Malaysian Ringgit
Please provide values below to convert Aruban Florin [AWG] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Aruban Florin.
How to Convert Aruban Florin to Malaysian Ringgit
1 AWG = 0.423027839485749 MYR
Example: convert 15 AWG to MYR:
15 AWG = 15 × 0.423027839485749 MYR = 6.34541759228624 MYR
Aruban Florin to Malaysian Ringgit Conversion Table
Aruban Florin | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.