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Aruban florin

The florin (Dutch: [floːˈrɪn]; sign: Afl.; code: AWG)[1] or Aruban guilder 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 Aruba currency exchange rate for U.S. dollars is Afl 1.77 for cash and Afl 1.78 for traveller's checks. Most supermarkets and gas stations use the exchange rate of Afl 1.75, while many restaurants and shops use the exchange rate of Afl 1.80.[3]

Aruban florin
Arubaanse florin (Dutch)
ISO 4217
CodeAWG (numeric: 533)
Subunit0.01
Unit
Pluralflorin
SymbolAfl.[1]
Denominations
Subunit
1100cent
Plural
centcent
BanknotesAfl. 10, Afl. 25, Afl. 50, Afl. 100, Afl. 200
Coins5¢, 10¢, 25¢, 50¢, Afl. 1, Afl. 2+12, Afl. 5
Demographics
Date of introduction1986
User(s) Aruba
Issuance
Central bankCentral Bank of Aruba
 Websitewww.cbaruba.org
PrinterJoh. Enschedé
 Websitewww.joh-enschede.nl
Valuation
Inflation4.4% (2011)[2]
 MethodCPI
Pegged withU.S. dollar = 1.79 florin

Coins edit

In 1986, coins were introduced in denominations of 5, 10, 25 and 50 cents and 1 and 2+12 florin. Later, the 5 florin banknote was replaced by a square coin and the 2+12 florin coin was removed from circulation. The 5 florin was replaced in 2005 with a round gold-coloured coin, because the old square 5 florin coin was too easy to counterfeit. All coins are struck in nickel-bonded steel with exception of the 5 florin, which is an alloy of copper and other metals. The 50 cent is the only square-shaped coin remaining, also commonly referred to as a "yotin" by the locals.

On the back of each 1, 2+12 and 5-florin coin is a profile view of the current head of state of the Kingdom of the Netherlands. From 1986 to 2013, this was Queen Beatrix and since 2014 it has been King Willem-Alexander. Moreover, only these three denominations have writing on their edge, namely "God Zij Met Ons" meaning 'God Be With Us'.

   
The Aruban florin coins, from left to right: 5, 10, 25, 50 cents and 1, 2+12 and 5 florin, before 2005. 2004 5-florin coin, slightly smaller than the 1-florin coin. 2012 (obverse)/2014 (reverse) 1-florin coin with Willem-Alexander on the reverse, as issued since 2013

Banknotes edit

The Central Bank of Aruba (Centrale Bank van Aruba) introduced banknotes in denominations of 5, 10, 25, 50 and 100 florin and dated January 1, 1986.[4] In 1990, the bank issued the same denominations in a colorful new family of notes designed by Aruban artist Evelino Fingal. As director of the Archaeological Museum, Fingal found inspiration in old Indian paintings and pot shards. Fingal combined decorative motifs found on pre-Columbian pottery with pictures of animals unique to the island. The 500-florin notes were introduced in 1993, with the 5-florin note replaced by a square coin in 1995.

As of 2003 a new print was started of the then already existing banknotes of 10, 25, 50, 100 and 500 florin. These new banknotes were made with new safety features to counteract counterfeiting, but retained their look.[5][6]

In 2019, the Centrale Bank van Aruba unveiled a new series of banknotes in denominations of 10, 25, 50, 100 and 200 florin, with the latter serving as a new denomination. The theme presented for this series is "Life in Aruba", as it contains elements of Aruban flora, fauna, cultural heritage, monuments and landmarks. They were issued on June 4, 2019, and is circulating alongside the 2003 series until August 11, after which the 2003 series of banknotes were no longer legal tender. Commercial banks in Aruba accepted the 2003 series of banknotes until December 4, afterward the notes will be redeemed at the Central Bank of Aruba for up to 30 years, until August 11, 2049. The 100 Florin note was awarded "2019 Banknote of the Year" by The International Banknote Society for its content, art, and security features.[7]

Banknotes of the Aruban florin (2019 issue)
Image Value Main Color Description Date of issue
Obverse Reverse Obverse Reverse
    10 Afl. Blue Green sea turtle Bushiribana gold mill ruins 01-01-2019 (January 1, 2019)
    25 Afl. Orange Bird Jug 01-01-2019 (January 1, 2019)
    50 Afl. Red/Purple Crab Willem III Tower, Fort Zoutman (Oranjestad) 01-01-2019 (January 1, 2019)
    100 Afl. Green Iguana Dancers 01-01-2019 (January 1, 2019)
    200 Afl. Brown Bird Barrel organ, drum 01-01-2019 (January 1, 2019)

Current exchange rates edit

Current AWG exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USD
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USD
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USD
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USD

See also edit

Notes edit

  1. ^ a b "The International Organization for Standardization (ISO) uses the abbreviation 'AWG' as the currency code for Aruba. However, Aruban law uses the abbreviation 'Afl.' for the Aruban florin." Centrale Bank van Aruba, Glossary
  2. ^ Centrale Bank van Aruba, Annual Statistical Digest 2011
  3. ^ "Official Currency of Aruba". www.aruba.com.
  4. ^ Linzmayer, Owen (26 April 2011). "Aruba". The Banknote Book (1st ed.). San Francisco. p. 7.{{cite book}}: CS1 maint: location missing publisher (link)
  5. ^ Centrale Bank van Aruba (8 October 2015). "Banknotes and Coins".
  6. ^ Centrale Bank van Aruba (8 October 2015). "Banknotes and Coins - Security Features".
  7. ^ "Aruba Wins IBNS 2019 Bank Note of Year Award". International Bank Note Society. February 2020. from the original on 2020-07-16. Retrieved 5 January 2021.

External links edit

  • Banknotes of Aruba
  • Banknotes of Aruba
  • Nos Florin (in Dutch)

aruban, florin, florin, dutch, floːˈrɪn, sign, code, aruban, guilder, currency, aruba, subdivided, into, cents, florin, introduced, 1986, replacing, netherlands, antillean, guilder, aruba, currency, exchange, rate, dollars, cash, traveller, checks, most, super. The florin Dutch floːˈrɪn sign Afl code AWG 1 or Aruban guilder 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 Aruba currency exchange rate for U S dollars is Afl 1 77 for cash and Afl 1 78 for traveller s checks Most supermarkets and gas stations use the exchange rate of Afl 1 75 while many restaurants and shops use the exchange rate of Afl 1 80 3 Aruban florinArubaanse florin Dutch ISO 4217CodeAWG numeric 533 Subunit0 01UnitPluralflorinSymbolAfl 1 DenominationsSubunit 1 100centPlural centcentBanknotesAfl 10 Afl 25 Afl 50 Afl 100 Afl 200Coins5 10 25 50 Afl 1 Afl 2 1 2 Afl 5DemographicsDate of introduction1986User s ArubaIssuanceCentral bankCentral Bank of Aruba Websitewww wbr cbaruba wbr orgPrinterJoh Enschede Websitewww wbr joh enschede wbr nlValuationInflation4 4 2011 2 MethodCPIPegged withU S dollar 1 79 florin Contents 1 Coins 2 Banknotes 3 Current exchange rates 4 See also 5 Notes 6 External linksCoins editIn 1986 coins were introduced in denominations of 5 10 25 and 50 cents and 1 and 2 1 2 florin Later the 5 florin banknote was replaced by a square coin and the 2 1 2 florin coin was removed from circulation The 5 florin was replaced in 2005 with a round gold coloured coin because the old square 5 florin coin was too easy to counterfeit All coins are struck in nickel bonded steel with exception of the 5 florin which is an alloy of copper and other metals The 50 cent is the only square shaped coin remaining also commonly referred to as a yotin by the locals On the back of each 1 2 1 2 and 5 florin coin is a profile view of the current head of state of the Kingdom of the Netherlands From 1986 to 2013 this was Queen Beatrix and since 2014 it has been King Willem Alexander Moreover only these three denominations have writing on their edge namely God Zij Met Ons meaning God Be With Us nbsp nbsp The Aruban florin coins from left to right 5 10 25 50 cents and 1 2 1 2 and 5 florin before 2005 2004 5 florin coin slightly smaller than the 1 florin coin 2012 obverse 2014 reverse 1 florin coin with Willem Alexander on the reverse as issued since 2013Banknotes editThe Central Bank of Aruba Centrale Bank van Aruba introduced banknotes in denominations of 5 10 25 50 and 100 florin and dated January 1 1986 4 In 1990 the bank issued the same denominations in a colorful new family of notes designed by Aruban artist Evelino Fingal As director of the Archaeological Museum Fingal found inspiration in old Indian paintings and pot shards Fingal combined decorative motifs found on pre Columbian pottery with pictures of animals unique to the island The 500 florin notes were introduced in 1993 with the 5 florin note replaced by a square coin in 1995 As of 2003 a new print was started of the then already existing banknotes of 10 25 50 100 and 500 florin These new banknotes were made with new safety features to counteract counterfeiting but retained their look 5 6 In 2019 the Centrale Bank van Aruba unveiled a new series of banknotes in denominations of 10 25 50 100 and 200 florin with the latter serving as a new denomination The theme presented for this series is Life in Aruba as it contains elements of Aruban flora fauna cultural heritage monuments and landmarks They were issued on June 4 2019 and is circulating alongside the 2003 series until August 11 after which the 2003 series of banknotes were no longer legal tender Commercial banks in Aruba accepted the 2003 series of banknotes until December 4 afterward the notes will be redeemed at the Central Bank of Aruba for up to 30 years until August 11 2049 The 100 Florin note was awarded 2019 Banknote of the Year by The International Banknote Society for its content art and security features 7 1990 1993 Series Aruban florin banknotes Image Value Main colour Depicted animalObverse Reverse5 Afl Purple Turtle10 Afl Blue Conch25 Afl Orange Rattlesnake50 Afl Red Burrowing owl100 Afl Green Frog500 Afl Brown Red grouper 2003 Series Aruban florin banknotes Image Value Main colour Depicted animalObverse Reverse10 Afl Blue Conch25 Afl Orange Rattlesnake50 Afl Red Burrowing owl100 Afl Green Frog500 Afl Brown Red grouper Banknotes of the Aruban florin 2019 issue Image Value Main Color Description Date of issueObverse Reverse Obverse Reverse nbsp nbsp 10 Afl Blue Green sea turtle Bushiribana gold mill ruins 01 01 2019 January 1 2019 nbsp nbsp 25 Afl Orange Bird Jug 01 01 2019 January 1 2019 nbsp nbsp 50 Afl Red Purple Crab Willem III Tower Fort Zoutman Oranjestad 01 01 2019 January 1 2019 nbsp nbsp 100 Afl Green Iguana Dancers 01 01 2019 January 1 2019 nbsp nbsp 200 Afl Brown Bird Barrel organ drum 01 01 2019 January 1 2019 Current exchange rates editCurrent AWG exchange ratesFrom Google Finance AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USDFrom Yahoo Finance AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USDFrom XE com AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USDFrom OANDA AUD CAD CHF CNY EUR GBP HKD JPY USD JPY USDSee also editEconomy of Aruba Central banks and currencies of the CaribbeanNotes edit a b The International Organization for Standardization ISO uses the abbreviation AWG as the currency code for Aruba However Aruban law uses the abbreviation Afl for the Aruban florin Centrale Bank van Aruba Glossary Centrale Bank van Aruba Annual Statistical Digest 2011 Official Currency of Aruba www aruba com Linzmayer Owen 26 April 2011 Aruba The Banknote Book 1st ed San Francisco p 7 a href Template Cite book html title Template Cite book cite book a CS1 maint location missing publisher link Centrale Bank van Aruba 8 October 2015 Banknotes and Coins Centrale Bank van Aruba 8 October 2015 Banknotes and Coins Security Features Aruba Wins IBNS 2019 Bank Note of Year Award International Bank Note Society February 2020 Archived from the original on 2020 07 16 Retrieved 5 January 2021 External links editBanknotes of Aruba Banknotes of Aruba Nos Florin in Dutch Krause Chester L Clifford Mishler 1991 Standard Catalog of World Coins 1801 1991 18th ed Krause Publications ISBN 0873411501 Pick Albert 1994 Standard Catalog of World Paper Money General Issues Colin R Bruce II and Neil Shafer editors 7th ed Krause Publications ISBN 0 87341 207 9 Portals nbsp Caribbean nbsp Money nbsp Numismatics Retrieved from https en wikipedia org w index php title Aruban florin amp oldid 1186838235, wikipedia, wiki, book, books, library,

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