Aruban florin

Aruban florin
Arubaanse florijn (Dutch)
ISO 4217 Code	AWG
User(s)	Aruba (The Netherlands)
Inflation	4.1%
Source	Centrale Bank van Aruba, September 2006
Method	CPI
Pegged with	U.S. dollar = 1.79 florin
Subunit
1/100	cent
Symbol	Afl.
Plural	florin
cent	cent
Coins	5, 10, 25, 50 cent, 1, 2½, 5 florin
Banknotes	10, 25, 50, 100, 500 florin
Central bank	Centrale Bank van Aruba
Website	www.cbaruba.org
Printer	Joh. Enschedé
Website	www.joh-enschede.nl

The florin (sign: Afl.; code: AWG) is the currency of Aruba. It is subdivided into 100 cents. The florin was introduced in 1986, replacing the Netherlands Antillean guilder at par.

History

The florin was introduced in 1986, replacing the Netherlands Antillean guilder at par. The currency has maintained the peg inherited from the gulden of 1.79 florin 1 U.S. dollar.

Coins

In 1986, coins were introduced in denominations of 5, 10, 25 and 50 cents, 1 and 2½ florin. Later on the 5 florin note was replaced by a square coin and the 2½ coin was discontinued. The 5 florin was later on in 2005 replaced with a round golden coin. All coins are struck in nickel-bonded steel with exception of the 5 florin which is a combination of copper and other metals. The 50 cent is the only square-shaped coin remaining, also known as "yotin".^{[citation needed]}

Banknotes

In 1986, banknotes were introduced in denominations of 5, 10, 25, 50 and 100 florin. 500 florin notes were introduced in 1993, with the 5 florin note replaced by a coin in 1995.

See also

• Economy of Aruba
• Central banks and currencies of the Caribbean

References

External links