Dutch guilder | |
---|---|
Nederlandse gulden (Dutch) | |
1968 one-guilder coin
|
|
ISO 4217 | |
Code | NLG |
Denominations | |
Subunit | |
1⁄100 | cent |
Plural | guilders |
cent | cents |
Symbol | ƒ or fl. |
Banknotes | ƒ5 (replaced for coin in 1988), ƒ10, ƒ25, ƒ50, ƒ100, ƒ250, ƒ1000 |
Coins | |
Freq. used | 5c, 10c, 25c, ƒ1, ƒ 2 1⁄2, ƒ5 |
Rarely used | 1c (withdrawn 1 March 1983), 1⁄2c, 2 1⁄2c (withdrawn 1948) |
Demographics | |
User(s) |
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% |
Source | worldpress.org, 2000 est. |
ERM | |
Since | 13 March 1979 |
Fixed rate since | 31 December 1998 |
Replaced by €, non cash | 1 January 1999 |
Replaced by €, cash | 1 January 2002 |
€ = | ƒ2.20371 |
This infobox shows the latest status before this currency was rendered obsolete.
|
The Dutch guilder (Dutch: gulden, IPA: [ˈɣɵldə(n)]) or fl. was the currency of the Netherlands from the 17th century until 2002, when it was replaced by the euro. Between 1999 and 2002, the guilder was officially a "national subunit" of the euro. However, physical payments could only be made in guilder, as no euro coins or banknotes were available. The Netherlands Antillean guilder is still in use in Curaçao and Sint Maarten (two countries in the Kingdom of the Netherlands), but this currency is distinct from the Dutch guilder. In 2004, the Surinamese guilder was replaced by the Surinamese dollar.
The Dutch name gulden was a Middle Dutch adjective meaning "golden", and the name indicates the coin was originally made of gold. The symbol ƒ or fl. for the Dutch guilder was derived from another old currency, the florin, called the florin in English.
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 (NLG) for 1 euro (EUR). Inverted, this gives EUR 0.453780 for NLG 1.
Before the introduction of the first guilder, there were regional and foreign golden coins that were likely referred to as "gulden" in Dutch. The first internationally accepted Dutch coin called gulden dates from 1517: the Carolusgulden (not to be confused with the English Carolus). Even before that, the County of Holland had minted golden coins since 1378.