Question

Before the introduction of the euro, what was the name for the basic monetary unit used in the Netherlands?

Answer 1

The guilder (or gulden in Dutch) was the basic monetary unit used in the Netherlands before the introduction of the euro.

The Dutch guilder was the currency of the Netherlands from the 17th century until it was replaced by the euro in 2002. It was also used in some of the country's former colonies, including Indonesia and Suriname. The guilder was subdivided into 100 cents and had various denominations, including coins and banknotes. The Bank of Amsterdam, established in 1609, was the first central bank in the world to issue banknotes.

Answer 2

Before the introduction of the euro, the basic monetary unit used in the Netherlands was the Dutch guilder. It was the official currency of the country from 1816 until 2002. The guilder was divided into 100 cents and had various denominations of banknotes and coins.