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Currencies

Countries that use the Guilder

The Guilder was established in 1986 as an official national currency and is used only in Aruba. 1 Gulden is devided into 100 Cents.

The Guilder is tied to the US Dollar with a fixed exchange rate. Therefore, 1 Guilder always equals to 0.5587 US Dollar.


ISO 4127:
AWG
Numeric:
533
Symbol:
ƒ



List of all currencies

1.00 Guilder = 0.56 US Dollar
(date: 05/27/2022)


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Exchange rate history 1 AWG in USD

The two currencies are directly interdependent and have a fixed conversion rate.

Guilder as currency

CountryRegion
ArubaCaribbean

US Dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean

Currency reserves for the Guilder

According to the International Monetary Fund, the total broad money (M3) amounted to AWG 4.79 billion at the end of 2020. For currency hedging, reserves were held in a total amount of 2.17 billion Guilders. This corresponds to a ratio of 1:2.2. Or in other words: 10 of 22 Guilders are deposited with a countervalue, which is internationally already above average.

Approximately 261.11 million Guilders (12.0%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

Worldwide currency and gold reserves



Sources

All conversion rates are based on data from the European Central Bank.
Data on currency and gold reserves are from the International Monetary Fund.
Currency reservesCurrency and gold reserves worldwideReserve assets and gold holdings in proportion to the money stock. An international comparison of currency hedging.
Comparison: Cost of livingCost of living in a global comparisonRanking of international living costs from 111 countries compared to the US
Netherlands: Public HolidaysPublic holidays in the Netherlands 2022-2026Statutory and inofficial holidays in the Netherlands for 2022 to 2026