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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.
On Dec. 10, 1624, a Dutch water authority sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, promising to pay 2.5% interest in perpetuity. A forever bond issued 400 years ago still ...
The Dutch Five guilder coin was the highest-denomination coin in the Netherlands from its introduction in 1988 until the adoption of the euro in 2002. Its nominal value was ƒ 5,- (€ 2.27). All of its mintings featured the portrait of Queen Beatrix on the obverse.
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 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")
The half-cent coin was a Dutch coin used from 1818 to 1940. It was the smallest-denomination coin of the decimal Dutch guilder until its withdrawal from circulation after the German occupation of the Netherlands in 1940. It was nicknamed "Halfje", similar to the Kwartje (the suffix -je is a diminutive in the Dutch language, similar to the ...
The stuiver [ˈstœyvər] was a coin used in the Netherlands, worth 1 ⁄ 20 of a guilder (16 penning or 8 duit, later 5 cents). It was also minted on the Lower Rhine region and the Dutch colonies. The word can still refer to the 5 euro cent coin, which has almost exactly the same diameter and colour despite being over twice the value of the ...
In this way, the value of the Dutch guilder was completely linked to that of the Reichsmark and in 1945 the Reichsmark wasn't worth anything. These circumstances fulfilled all the conditions for an outbreak of hyperinflation: the money supply had quadrupled from 2.5 billion gulden to 10.9 billion guilder while the supply of goods was only a ...