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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.
In 1940, following the German occupation of the Netherlands, the link to the Dutch currency was broken, with a peg to the U.S. dollar of 1.88585 guilders = 1 dollar established. The peg was adjusted to 1.79 guilders = 1 dollar in 1971. In 1986, Aruba gained a status aparte and left the Netherlands Antilles.
The dollar unit of account therefore acted as a convenient intermediary conversion unit between sterling and the outgoing guilder unit. The dollar unit was equivalent to 4 shillings 2 pence sterling and replaced the guilder unit at a rate of 1 dollar = 3 + 1 ⁄ 8 guilders, i.e. £1 = $4.80 = 15 guilders.
The Surinamese dollar replaced the Surinamese guilder on 1 January 2004, with one dollar equal to 1,000 guilders, prompting the issuance of notes denominated in the new currency. On the notes, the currency is expressed in the singular, as is the Dutch custom. Banknotes come in denominations of 5, 10, 20, 50, and 100 SRD. [5]
The Netherlands Antillean guilder continued to circulate after the dissolution of the Netherlands Antilles and plans to implement the Caribbean guilder were not finalized until both countries would agree to have a common currency [4] At the time, it was reported that the new currency would be abbreviated CMg (for Curaçao, Sint Maarten guilder) and would be pegged to the United States dollar ...
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.
The exchange rate between the old Papiermark and the ... Fr 100 Dutch guilder: 10 May 1940 ... Historical Currency Conversion Tables, Reichsmarks to Dollars, 1870s ...
Guilder is the English translation of the Dutch and German gulden, originally shortened from Middle High German guldin pfenninc ("gold penny"). This was the term that became current in the southern and western parts of the Holy Roman Empire for the Fiorino d'oro (introduced in 1252 in the Republic of Florence ).