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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. Inverted, this gives 0.453780 euros for 1 guilder.
Feb 18, 2024 · A few years later, in 1938, the currency of Netherlands before euro was traded at the rate of 1.82 guilders = 1 US dollars. In 1961, a guilder was rated as follows: 3.62 guilders =1 dollar. And finally, in 2002 the dutch guilder was replaced by de Nederlandsche Bank with euro at an exchange rate of 2.20371 guilders = 1 euro.
The Netherlands used the Dutch guilder (gulden) as its official currency from around 1517 until 2002. The currency was decimalised in 1817 with one guilder being comprised of 100 cents.
- Financial Writer
guilder, former monetary unit of the Netherlands. In 2002 the guilder ceased to be legal tender after the euro, the monetary unit of the European Union, became the country’s sole currency. The guilder was adopted as the Netherlands’ monetary unit in 1816, though its roots trace to the 14th century,
May 25, 2023 · The official currency of the Netherlands before Euro was the Dutch guilder. Disover its banknotes, coins, history and buy stuivers, duiten...
Feb 19, 2020 · The Birth of the Gulden. The Netherlands uses the European munteenheid (currency unit), the euro (euro). Before its introduction in January 2002, the Dutch used the gulden (guilder). The gulden had been in use for many centuries, actually. It was introduced in the Middeleeuwen (Middle Ages), so the replacement for the euro was a pretty big deal!
Aug 16, 2021 · Michel Porro / Getty Images. The Netherlands, like 19 other countries in the 28-member European Union, uses the euro as its official currency since 2002. Before that, the guilder had been the Dutch currency as far back as 1680. The Euro. The euro is the common currency for the Eurozone—most countries in Europe.
