The currency of Netherlands: history, description, and exchange of

Date:

2018-03-28 10:33:09

Views:

863

Rating:

1Like 0Dislike

Share:

Table of contents:

The Netherlands is a small European country, which, however, is rich in history, culture and a strong economy. Also interesting the history of its national currency.
the currency of Netherlands

Today, the official currency of Netherlands is the Euro, but not so long ago in the appeal were the guilders. What is currency and what its characteristics, you will learn by reading this article.

Brief history

Before the Netherlands switched to use the common European currency in the country used the Dutch Guilder. This currency was put into circulation on the territory of the state in the XII century.

The Silver Guilder, which was adopted as the national currency of the Netherlands by the States General of the United provinces in 1581, was divided into twenty stavenow (a bargaining chip), and they, in turn, consisted of eight or sixteen datov of penningen.

During the occupation of Napoleonic France Netherlands currency the Netherlands was the French franc. After the defeat of Napoleon in the country was carried out financial reform, in which the Guilder was divided into 100 cents.

Thus, the currency of the Netherlands before the Euro was the Guilder, which went out of circulation in 2002. And in cashless settlements, it is no longer used in 1999.

It is Worth noting that the old currency coins can be exchanged until 2007, but the bills can be changed until now, or rather until 2032.
the currency of the Netherlands before the Euro

An Interesting fact is that the Guilder was also used in Belgium to 1832 and in some Dutch colonies like the Antilles (until 1940) and Suriname (until 1962).

Description

Before the Euro became the currency of the Netherlands, the country was in the course of coins: 5 cents, who called stuver, 10 and 25 cents, and coins in denominations of 1 Guilder. Used coins of two and five guilders. Each of them was depicted the portrait of the Dutch Queen Beatrix. The largest denomination minted the phrase “God zij met ons”, which means "God With us".

Recommended

Insurance for pregnant women when traveling abroad: features, views, and reviews

Insurance for pregnant women when traveling abroad: features, views, and reviews

Currently, in our country there is a huge number of insurance companies that are willing to provide the necessary services at any time. Insurance expectant mothers – is a separate activity that SK are doing very reluctantly. The fact is that pr...

Construction company

Construction company "Rosstroyinvest": feedback from real estate investors. LCD "Old fortress". LCD "Golden domes"

One of the most promising participants in the Russian real estate market, particularly in the joint construction, is the "Rosstroyinvest". Reviews of investors are saying about the leading role of the construction company year of Foundation, in 2002,...

The conditions for obtaining credit in modern banking institutions

The conditions for obtaining credit in modern banking institutions

Any aspiring entrepreneur is faced with the problem of insufficient funding of their own business. Currently, this problem can be solved by knowing the terms of the loan and taking the necessary amount from the Bank. This method is best for solving p...

As for paper notes, then until the end of the twentieth century was in the course of banknotes in denominations of ten, twenty five, fifty and one hundred guilders. Also used large bills at a cost of two hundred and fifty thousand guilders.

On paper money of the old sample were portraits of famous Dutch people, but in the new version - a different kind of abstract composition.

Today the Netherlands uses the Euro, so the current money of that country differ little from those used in other countries that adopted the Euro currency.

Exchange operations

Today, tourists traveling to the Netherlands on vacation, you don't have to worry about currency exchange because the Euro can be exchanged anywhere. Many before you start to change rubles to euros in Russia in order to avoid big commissions, which will take you to the Dutch exchange offices.

Of Course, you can come, taking with him the RUB. However, remember that you can exchange them for euros is not possible everywhere. With the Russian currency only work at the airport, some major banks, hotels and other financial institutions.
national currency of Netherlands

Also, the country can safely arrive with us dollars or British pounds. With the exchange of these currencies there is no problem. Bureaux de change also with some other foreign money: canadian dollar, Norwegian Krone, etc. But the point where they can be exchanged, not so easy to find.

Clearing

The Netherlands is one of the most advanced countries of the world, so no problem with Bank transfer does not occur here even in small towns. Plastic cards of any Bank are accepted everywhere, if you use major payment systems: MasterCard World, Visa or American Express.

Besides, it's easy to pay even credit cards of foreign banks, if the issuing Bank does not set territorial limitations. If you urgently needed cash, they can be easily removed. The benefit of ATMs there is no shortage. They are everywhere: in shopping malls, hotels, supermarkets, government offices etc. Even on the street very often you can find an ATM.

The Commission, by the way, is not too big so no problems with it will not arise.

In conclusion

The Modern currency of the Netherlands today is not the historical or cultural significance, which is not true of guilders. Out-of-circulation money of this country is very attractive for numismatists-collectors, since it is the property of the Dutch culture.
Netherlands Guilder

Guilders rich history, and some specimens of the coins can be dated even to the middle ages. To get that kind of coin will be good not just any collector, but large museums or antique shops.

The Netherlands is a country that strives to be the very first and progressive, so they willingly went against the European Union and replaced its traditional currency, which was used for many centuries, the Euro. Thus, the authorities want as quickly as possible to integrate into the common European economic market.


Article in other languages:

AR: https://tostpost.com/ar/finance/4953-the-currency-of-netherlands-history-description-and-exchange-of.html

BE: https://tostpost.com/be/f-nansy/8824-valyuta-n-derlanda-g-storyya-ap-sanne-abmen.html

DE: https://tostpost.com/de/finanzen/8824-w-hrung-der-niederlande-geschichte-beschreibung-und-austausch.html

ES: https://tostpost.com/es/finanzas/8830-la-moneda-de-los-pa-ses-bajos-la-historia-la-descripci-n-y-el-cambio-d.html

HI: https://tostpost.com/hi/finance/4958-the-currency-of-netherlands-history-description-and-exchange-of.html

JA: https://tostpost.com/ja/finance/4954-description.html

KK: https://tostpost.com/kk/arzhy/8827-valyuta-niderlandy-aza-stan-tarihy-sipattamasy-zh-ne-almasu.html

PL: https://tostpost.com/pl/finanse/8827-waluta-holandii-historia-opis-i-wymiana.html

PT: https://tostpost.com/pt/finan-as/8822-a-moeda-da-holanda-hist-ria-descri-o-e-servi-os-de.html

TR: https://tostpost.com/tr/maliye/8831-para-birimi-hollanda-tarih-a-klama-ve-d-viz.html

UK: https://tostpost.com/uk/f-nansi/8828-valyuta-n-derland-v-stor-ya-opis-ta-obm-n.html






Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

Comments (0)

This article has no comment, be the first!

Add comment

Related News

The terms of the mortgage in the savings Bank and features of its design

The terms of the mortgage in the savings Bank and features of its design

the Most popular desire in today's youth is to acquire their own property. However, a very small percentage of people can afford to buy an apartment for their own means. Most are forced to turn to various financial institutions. T...

What is the currency in Cyprus at the present time and what money to take with you on the trip?

What is the currency in Cyprus at the present time and what money to take with you on the trip?

traveling on a tourist trip through the fabulous and mysterious Cyprus, in addition to finding accommodation and completing the cultural program, and think about more pressing matters. This island has its own culture, customs, abo...

How to learn how to save money and save money with a modest income? Practical tips

How to learn how to save money and save money with a modest income? Practical tips

There is a joke that in our country anything consistently is the salary. Everything is expensive, prices are rising and wages remain at the same level. And do not always have the opportunity to earn more income. There are also man...

How to arrange a consumer loan on credit card without certificates of income

How to arrange a consumer loan on credit card without certificates of income

Express loans has always been the most favorite financial service organizations. After all, it is a sure way to make huge profits in a short period of time. Rate on such loans may reach 70%, that banks explain the elevated risk fa...

What are the debit card with interest?

What are the debit card with interest?

the main difference from a credit debit cards is that debit involves the use of own funds and of credit-Bank funds.Debit cards – something like a modern passbook. Replenish the balance and the money saved in a Bank account. ...

Taxes and tax reform in Russia: description, features and directions

Taxes and tax reform in Russia: description, features and directions

Since 1990, Russia began large-scale tax reform. For consideration in April passed a bill on fees with citizens, foreigners and persons without citizenship. In June, the discussed legislative act on compulsory payments to the budg...