Convert Chinese Yuan to Aruban Florin
Please provide values below to convert Chinese Yuan [CNY] to Aruban Florin [AWG], or Convert Aruban Florin to Chinese Yuan.
How to Convert Chinese Yuan to Aruban Florin
1 CNY = 4.00776536312849 AWG
Example: convert 15 CNY to AWG:
15 CNY = 15 × 4.00776536312849 AWG = 60.1164804469274 AWG
Chinese Yuan to Aruban Florin Conversion Table
Chinese Yuan | Aruban Florin |
---|
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.