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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.
The Netherlands Indies guilder (Dutch: Nederlands-Indische gulden, Malay-Van Ophuijsen spelling: Roepiah Hindia-Belanda [1]) was the unit of account of the Dutch East Indies from 1602 under the United East India Company (Dutch: Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (guilder coins were not minted in the Netherlands between 1558 and ...
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 ...
The French "liberators" started with exacting a war indemnity of 100 million guilders (equal to one-third of the estimated Dutch national income at the time of 307 million guilders [70]). They did more damage, however, by first defaulting on the French public debt, and later (when the Netherlands were annexed to the French empire after 1810) on ...
The name "Netherlands Antilles" (Nederlandse Antillen) was introduced in 1952. 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.
A textual reference to the deed became the foundation for the legend that Minuit had purchased Manhattan from the Native Americans for twenty-four dollars' worth of trinkets and beads, the guilder rate at the time being about two and a half to a Spanish dollar. The price of 60 Dutch guilders in 1626 amounts to around $1,100 in 2012 dollars. [22]
Rijksdaalder of the Dutch Republic, 1622. The main objective of the Wisselbank's establishment was to maintain a stable silver bank currency for the Dutch Republic's burgeoning international trade which was immune from the numerous depreciations which occurred after its independence from Spain, as its constituent provinces kept wringing out more stuivers (worth 1 ⁄ 20 guilder) from a fixed ...
The Dutch guilder was once regarded as a petrocurrency due to its large quantities of natural gas and North Sea oil exports. The guilder strengthened greatly in the 1970s, after OPEC began a series of price hikes throughout the decade that consequently increased the value of all oil-producing nations' currencies. However, as a result of the ...
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