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The guilder (Dutch: gulden, pronounced [ˈɣʏldə(n)] ⓘ) or florin was the currency of the Netherlands from 1434 until 2002, when it was replaced by the euro.. The Dutch name gulden was a Middle Dutch adjective meaning 'golden', [1] and reflects the fact that, when first introduced in 1434, its value was about equal to (i.e., it was on par with) the Italian gold florin.
As a result of the rising silver prices after the First World War, from 1922 onward the silver content of most Dutch coins were lowered. Then, on 31 December 1931 all Dutch guilder coins struck prior to 1922 were redeemed and demonetized.
The new coin had to fit in the current series. The ministry of finance reported it was to become "gold-coloured" and "smaller than the guilder coin and thicker than the rijksdaalder (2½ guilder coin)". It was introduced on 1 May 1988. In 2000 a commemorative 5 guilder coin was struck in honour of the UEFA Euro 2000 in the Netherlands and ...
The value of a Dutch silver coin corresponds with the theme of the coin. If the coin has a royal theme, then the face value is 10 euro. Any other subject and the coin will be of face value 5 euro. The same principle with the gold coins, which have face values of 10 euro and 20 euro. Sometimes also 50 euro gold coins are issued.
The Crowned Dutch coat of arms. Country-designation: "MUNT VAN HET KONINGRIJK DER NEDERLANDEN"; Coin of the kingdom of the Netherlands . The edge: Plain, God be with us ("GOD ZY MET ONS")
No guilder coins were minted in the German occupation of the Netherlands in World War II. All of them featured the reigning monarch on the obverse, and until Queen Beatrix in 1982, the national Coat of Arms on the reverse. At the time of its demonetisation, the guilder was the third-highest denomination coin in the Netherlands.
The name "stuiver" derives from the Dutch stuiven ("flying sparks"), since on early Flemish stuivers "spark-producing flints of the Collar of the Golden Fleece" were depicted. Twenty stuivers equalled a Dutch Guilder. It circulated until the Napoleonic Wars. In 1818 the Netherlands decimalised its guilder into 100 cents.
Unification of the Dutch monetary system in the beginning of the 18th century introduced guilder and set rijksdaalders and silver ducats at 2 + 1 ⁄ 2 guilders. Following decimalization (in 1816), 2 + 1 ⁄ 2 -guilder coins were no longer produced because a 3-guilder coin was thought to better fit in the series of denominations.
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