The official currency of Aruba, abbreviated AWG. It is subdivided into 100 cents and is pegged to the US dollar at a fixed rate. Because of this fixed peg, the Aruban Guilder experiences minimal exchange rate volatility, making it straightforward for tourists and businesses transacting with the island.
Example
“Currency exchange for the Aruban Guilder is predictable since it maintains a fixed peg to the US dollar.”