Dutch guilder
Currency of the Netherlands from the 17th century until 2002 / From Wikipedia, the free encyclopedia
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The guilder (Dutch: gulden, IPA: [ˈɣɵldə(n)]) or florin was the currency of the Netherlands from the 15th century until 2002, when it was replaced by the euro.
| Nederlandse gulden (Dutch) fl. | |
|---|---|
| ISO 4217 | |
| Code | NLG |
| Unit | |
| Unit | guilder |
| Plural | guilders |
| Symbol | ƒ |
| Denominations | |
| Subunit | |
| 1⁄100 | cent |
| Plural | |
| cent | cents |
| Banknotes | |
| Freq. used | ƒ10, ƒ25, ƒ50, ƒ100, ƒ250 |
| Rarely used | ƒ5 (withdrawn in 1995), ƒ1000 |
| Coins | |
| Freq. used | 5c, 10c, 25c, ƒ1, ƒ2+1⁄2, ƒ5 |
| Rarely used | 1c (withdrawn 1 March 1983), 1⁄2c, 2+1⁄2c (withdrawn 1948) |
| Demographics | |
| User(s) | None, previously:
 Netherlands (until 2002) Suriname (until 1962) Netherlands Antilles (until 1940) Luxembourg (until 1839) Belgium (until 1832) |
| Issuance | |
| Central bank | De Nederlandsche Bank |
| Website | www |
| Printer | Joh. Enschedé |
| Website | www |
| Mint | Royal Dutch Mint |
| Website | www |
| Valuation | |
| Inflation | 2.6% (December 2000) |
| Source | worldpress.org, 2000 est. |
| EU Exchange Rate Mechanism (ERM) | |
| Since | 13 March 1979 |
| Fixed rate since | 31 December 1998 |
| Replaced by euro, non cash | 1 January 1999 |
| Replaced by euro, cash | 1 March 2002 |
| 1 € = | ƒ2.20371 |
| This infobox shows the latest status before this currency was rendered obsolete. | |
The Dutch name gulden was a Middle Dutch adjective meaning "golden",[1] and reflects the fact that, when first introduced in 1434, its value was about equal to (i.e., it was on par with) the Italian gold florin. The Dutch guilder was a de facto reserve currency in Europe in the 17th and 18th centuries.[2][3][4]
Between 1999 and 2002, the guilder was officially a "national subunit" of the euro. However, physical payments could only be made in guilders, as no euro coins or banknotes were available. The exact exchange rate, still relevant for old contracts and for exchange of the old currency for euros at the central bank, is 2.20371 Dutch guilders for 1 euro.[5] Inverted, this gives 0.453780 euros for 1 guilder.
Derived from the Dutch guilder are the Netherlands Antillean guilder (still in use in Curaçao and Sint Maarten) and the Surinamese guilder (replaced in 2004 by the Surinamese dollar).