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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 ]
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 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.
In 1846, New York historian John Romeyn Brodhead converted the figure of Fl 60 (or 60 guilders) to US$24 (he arrived at $24 = Fl 60/2.5, because the US dollar was erroneously equated with the Dutch rijksdaalder having a standard value of 2.5 guilders). [36] "
One euro was equivalent to 2.20371 Dutch guilders. In the Caribbean Netherlands, the United States dollar is used instead. [179] The Netherlands is a "conduit country" that helps to funnel profits from high-tax countries to tax havens. [180] It has been ranked as the 4th largest tax haven in the world. [181]
New Taiwan dollar – Taiwan; Texas dollar – Republic of Texas; Tobagonian dollar – Tobago; Trinidadian dollar – Trinidad; Trinidad and Tobago dollar – Trinidad and Tobago; Tuvaluan dollar – Tuvalu (not an independent currency, equivalent to Australian dollar) United States dollar – United States. See also International use of the U ...
The East Caribbean dollar is pegged to the United States dollar, and has been for over 35 years since 1976, [11] having previously been pegged to the pound sterling. [11] In 1965, the Eastern Caribbean Currency Authority was established (coming after the British Caribbean Currency Board ), to distribute currency, but The Bahamas withdrew from ...
The Netherlands Antillean guilder (and its successor the Caribbean guilder) and the Aruban florin are pegged to the dollar at a fixed rate of 1:1.79. The East Caribbean dollar is pegged to the dollar at a fixed rate of 2.7:1, and is used by all of the countries and territories of the OECS other than the British Virgin Islands.