Information on currency : Dutch guilder or florin

Page last updated on December 9, 2023

Currency code (ISO 4217):

NLG

Numeric code:

528

Currency symbol:

Subunit (quantity):

Cent (100)

Country or territory:

Netherlands (NL)

Status:

No longer in use

Replaced by

Euro (EUR)

Exchange rate mechanism:

Monetary authority:

(created: )

The Dutch Guilder (Netherlands Guilder) was the official currency of the Netherlands before the country adopted the Euro. It was in use from 1814 to 2002.

The Dutch Guilder was introduced after the formation of the Kingdom of the Netherlands in 1814. It was replaced by the Euro on January 1, 2002, when the Netherlands, along with several other European countries, adopted the common currency.

Subunits

The Dutch Guilder was divided into 100 cents.

Coins and Banknotes

The Dutch Guilder had various denominations of coins and banknotes. Coins were issued in cents and Guilders, while banknotes were issued in various denominations.

Euro Adoption

The Netherlands adopted the Euro on January 1, 2002. From this date, the Dutch Guilder ceased to be legal tender, and all transactions switched to the Euro.

Since the adoption of the Euro, the Dutch Guilder is no longer in circulation, and any remaining banknotes and coins are considered collector's items. The Euro is now the official currency used in the Netherlands.

Exchange Rate

The exchange rate at which the Dutch Guilder was replaced by the Euro was fixed at 1 Euro = 2.20371 Dutch Guilders.