The euro replaced the Dutch guilder in the Netherlands in 2002.
Euro banknotes and coins entered everyday circulation across the Netherlands and other participating countries on 1 January 2002. The changeover replaced national cash currencies, including the Dutch guilder, while euro accounts and electronic transactions had already existed since 1999.
The euro is divided into 100 cents. Its notes are common across the euro area, while each participating country can issue national sides on euro coins. Dutch coins originally featured Queen Beatrix and later King Willem-Alexander, alongside the common European design.
The Dutch guilder had been used for centuries and was one of Europe’s best-known currencies. The euro’s conversion rate was fixed at 2.20371 Dutch guilders for one euro. This exact rate was used to convert prices and bank balances, so it was not a simple one-to-one replacement.