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Sunday, June 11, 2023

Aruba and its Currency


Aruba is a small island in the Caribbean Sea, located off the coast of Venezuela. It is a popular tourist destination, known for its beautiful beaches, clear waters, and laid-back atmosphere.

Location

Aruba is located at 12°28′N 69°55′W, about 1,600 kilometers north of Venezuela. It is the most southerly of the four main islands of the Netherlands Antilles.

History

Aruba was inhabited by the Arawak people for centuries before it was first visited by Europeans in the 15th century. The island was later colonized by the Spanish, the Dutch, and the British. In 1986, Aruba obtained its status of "status aparte" within the Kingdom of the Netherlands, which means that it is self-governing but still part of the Kingdom.

Present Status

Aruba is a self-governing country within the Kingdom of the Netherlands. It has its own government, parliament, and flag. However, it is also part of the Kingdom of the Netherlands, which means that it is represented by the Dutch king in international affairs.

Currency

The official currency of Aruba is the Aruban florin (AWG). It is pegged to the US dollar at a rate of 1.79 AWG to 1 USD.

Aruban florin bank notes

The Aruban florin bank notes are denominated in 100, 50, 25, 10, 5, and 1 florin. They are all brightly colored and feature images of Aruban landmarks and wildlife.

Aruban florin coins

The Aruban florin coins are denominated in 10, 5, 2, 1, and 50 cents. They are made of nickel-plated steel and feature images of Aruban historical figures and symbols.

Old currency of Aruba

The old currency of Aruba was the Netherlands Antillean guilder (ANG). It was replaced by the Aruban florin in 1986.

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