Dutch Gulden Article Index for
Dutch
Website Links For
Dutch
 

Information About

Dutch Gulden








Dutch gulden
1 Dutch gulden 2001


The gulden (sometimes called Guilder in English ), represented by the symbol ƒ or fl., was the name of the Currency used in the Netherlands from the 15th Century until 1999 , when it was replaced by the Euro (coins and notes were not introduced until 2002 ). Guldens are still in use in the Netherlands Antilles , a Dutch dependency, although distinct from the Netherlands gulden. In 2004 , the Suriname Gulden was replaced by the Suriname Dollar .

The name "gulden" was derived from "gouden" (golden) or "verguld" (gilded).

The exact exchange rate, still relevant for old contracts and for exchange of the legacy currency for euros at the central bank, is 2.20371 Dutch gulden (NLG) for 1 euro (EUR). Inverted, this gives EUR 0.453780 for NLG 1.

Guilder is also a Fictional nation in the book '' The Princess Bride '', as is Florin .


HISTORY

In the Netherlands, both Gold and Silver gulden coins were issued. In the 18th Century , the silver gulden was divided into 20 '' Stuiver s'', each of 8 '' Duit '' or 16 ''penning''. At various times, other coins derived from the guilder emerged. Among them were the '' Daalder '' of one and a half gulden (30 stuivers) and the '' Rijksdaalder '' of two and a half gulden (50 stuivers). The names were derived from the German '' Thaler ''.

The symbol ƒ or fl. for the Dutch gulden was derived from another old currency, the Florijn .

Following the Napoleonic Wars , the Netherlands decimalized, with one gulden equal to 100 cents. However, some of the new, decimal coins continued to bear nicknames based on their values in the older currency system.

The with its four shields in the 1849 design. This translation was then borrowed to refer similarly to the Dutch florin and guilder. As a result, currencies in the guilder-based Aruba and Netherlands Antilles are still referred to as "盾".


DENOMINATIONS

At the time of withdrawal, the following denominations were circulating, the 1 cent coin having been withdrawn in 1983 :

All the coins carried a profile image of the Queen on the heads side and a simple grid on the other side.


At the time of withdrawal, all but the 50 and 250 gulden notes had been issued in a new revision that was the same colour as the older, long-serving notes but with a mostly abstract pattern, featuring a different bird for each denomination.

Persons depicted on older banknotes:

These 1970's "face"-notes and the 80's ƒ 50 (sunflower), ƒ 100 (snipe) and ƒ 250 (lighthouse) were designed by R.D.E. Oxenaar .
Eventually all faces were to be replaced by abstracts, designed by Jaap Drupsteen , see above.

Again earlier, there was a banknote of ƒ 2.50, and longer ago, one of ƒ 1.

The coins (not including the 1 cent, or the silver versions of the 1 or 2.5 gulden, but including the cupronickel versions of the 1 and 2.5 gulden, and also the 50 gulden commemorative coins) remain exchangeable for euros at branches of the Netherlands Central Bank until January 1, 2007. Banknotes valid at the time of conversion to the euro may be exchanged there until January 1, 2032.


EXTERNAL LINKS