14/09/2020: Introduction of Currency Controls
Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.
11/08/2019: Primary Elections and Peso Devaluation
Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.
01/03/2018: Redenomination of the Aruban florin
Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.
09/12/2015: Change in Government
Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.
01/01/2011: Introduction of polymer banknotes
Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.
01/01/2003: Replacement of older banknotes
Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.
02/12/2001: Economic Crisis and Devaluation
Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.
01/01/2000: Adoption of new currency symbol
The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.
01/01/1993: Currency reform
A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.
31/03/1991: Introduction of Convertibility Plan
The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.
01/01/1990: Introduction of the guilders coins
Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.
01/01/1986: Introduction of the Aruban florin
The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.
06/01/1985: Introduction of Austral as a new currency
The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.
29/01/1983: End of the military dictatorship
After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.