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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 1818 the Netherlands decimalised its guilder into 100 cents. Two stuivers equalled a dubbeltje - the ten-cent coin. [ 2 ] [ 3 ] After the decimalisation of Dutch currency, the name "stuiver" was preserved as a nickname for the five-cent coin until the introduction of the euro in 2002. [ 4 ]
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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 ).
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