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.
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.
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".
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.
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