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The Aruban Florin (AWG) is the official currency of Aruba, a Caribbean island known for its tourism and vibrant culture. It is subdivided into 100 cents and is issued by the Central Bank of Aruba. The Florin is primarily used for transactions within the island but is also widely accepted in nearby regions and some international locations.
The CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.