Aruba, a stunning Caribbean island known for its pristine beaches and vibrant culture, is a popular vacation destination. As you plan your trip to Aruba, one of the essential aspects to consider is the local currency. Understanding the currency used in a foreign country can help you prepare better and make informed decisions while traveling. So, what currency do they use in Aruba? Let’s find out.
The official currency of Aruba is the Aruban florin, abbreviated as AWG. However, the currency is commonly referred to as the florin. Introduced in 1986, the Aruban florin has been the sole currency in circulation on the island since 2002 when it replaced the Netherlands Antillean guilder.
The currency is denoted by the symbol ƒ and is available in both coins and banknotes. Coins come in denominations of 5, 10, 25, and 50 cents, as well as 1 and 5 florins. Banknotes are available in denominations of 10, 25, 50, 100, and 200 florins. The colorful banknotes prominently feature landmarks, local wildlife, and notable figures from Aruban history.
FAQs about the currency used in Aruba:
1. Can I use US dollars in Aruba?
Yes, US dollars are widely accepted in Aruba. Most businesses and establishments, including hotels, restaurants, and shops, accept US dollars alongside the local currency.
2. Should I exchange money to Aruban florins before traveling?
While it is not necessary to exchange money before arriving in Aruba, it can be beneficial to have some local currency on hand for small purchases or to use at local markets. However, using US dollars is generally convenient.
3. Can I withdraw money from ATMs using my foreign debit or credit card?
Yes, ATMs are widely available on the island, and most accept international cards. However, it’s essential to notify your bank beforehand about your travel plans to avoid any issues with using your card abroad.
4. Can I pay with credit cards in Aruba?
Yes, credit cards are commonly accepted in Aruba, particularly at hotels, restaurants, and larger establishments. However, it’s always a good idea to carry some cash for smaller businesses and markets that may not accept cards.
5. Is it customary to tip in Aruba?
Tipping is customary in Aruba. It is common to leave a 10-15% tip at restaurants and bars, while hotel staff and taxi drivers also appreciate a small gratuity.
6. Are there currency exchange offices in Aruba?
Yes, currency exchange offices can be found at the airport, in major hotels, and in popular tourist areas. However, exchange rates may not always be favorable, so it’s wise to compare rates or withdraw local currency from ATMs instead.
7. Can I exchange Aruban florins back to US dollars before leaving?
Yes, you can exchange any remaining Aruban florins back to US dollars at currency exchange offices or banks before leaving the island.
8. Are there any restrictions on currency import or export in Aruba?
Aruba does not have any restrictions on the import or export of local or foreign currencies. However, it is always advisable to check with your local customs office or embassy for the most up-to-date information.
9. Can I use euros in Aruba?
While some larger establishments may accept euros, it is not as widely used or accepted as US dollars. It is recommended to have US dollars or local currency for most transactions.
10. Can I use traveler’s checks in Aruba?
Traveler’s checks are not commonly accepted in Aruba, as they were in the past. It is more convenient to use cash or cards for transactions.
11. Are there any local taxes or fees to consider?
Aruba imposes a 3% tax on most goods and services, which is already included in the displayed prices. However, additional service fees or resort charges may apply in certain establishments, so it’s best to inquire beforehand.
12. Where can I find the most favorable exchange rates in Aruba?
Comparing exchange rates between different currency exchange offices or withdrawing money from ATMs usually provides the most favorable rates. Additionally, some credit cards offer competitive exchange rates and may be a convenient option for your transactions in Aruba.
Now that you know the currency used in Aruba and have answers to common questions, you can confidently embark on your vacation to this Caribbean paradise and make the most of your financial arrangements while enjoying the stunning attractions and experiences the island has to offer.