Aruban florin

Aruban florin
Afl.[1]
ISO 4217
CodeAWG (numeric: 533)
Subunit0.01
Unit
Pluralflorin
SymbolAƒ, ƒ[citation needed]
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
 Websitecbaruba.org
PrinterCrane Currency
 Websitecranecurrency.com
MintRoyal Dutch Mint
 Websiteroyaldutchmint.com
Valuation
Inflation4.4% (2011)[2]
 MethodCPI
Pegged with1 U.S. dollar = Afl. 1.79

The florin (Dutch: [floːˈrɪn]; abbreviation: 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]

  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.