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Dutch Gulden

Dutch guilder
Nederlandse gulden  (Dutch)
Gulden 03.png
1968 one-guilder coin
ISO 4217
Code NLG
Denominations
Subunit
1100 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, ƒ2 12, ƒ5
 Rarely used 1c (withdrawn 1 March 1983), 12c, 2 12c (withdrawn 1948)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.dnb.nl
Printer Joh. Enschedé
 Website www.joh-enschede.nl
Mint Royal Dutch Mint
 Website www.knm.nl
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The Dutch name gulden was a Middle Dutch adjective meaning "golden", and the name indicates the coin was originally made of gold.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.


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Wikipedia

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