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Last updated : Nov 2009
Netherlands Currency
Netherlands Currency and Bank information - TravelPuppy.com
Single European currency, the Euro is now the official currency of 12 EU member states including The Netherlands.

The first Euro coins and notes were introduced in January 2002, the Dutch Guilder was in circulation until 28 January 2002, when it was completely replaced by the Euro.

Euro (€) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.

Currency exchange

Exchange offices are indicated by the letters GWK.

GWK is a national organisation with currency exchange offices at major railway stations, at Schiphol Airport and at the border crossings with Germany and Belgium. Hotels tend to charge high commissions. Verkoopt means sell, while Koopt means buy.

Credit & debit cards in Netherlands


American Express, MasterCard, Diners Club and Visa are accepted, as well as Eurocheque cards. Check with your credit or debit card company for details of merchant acceptability and other services which may be available in the Netherlands.

Travellers cheques

Travellers cheques are widely accepted. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Euros, US Dollars or Pounds Sterling.

Currency restrictions

There are no restrictions on the import and export of either local or foreign currency.

Exchange rate indicators

The following figures are included as a guide to the movements of the Euro against Sterling and the US Dollar:
 
Date Nov '07
£1.00=
1.43635
$1.00=
0.68904
 
Banking hours

Monday 1300 hrs-1600 hrs, Tuesday-Friday 0900 hrs-1600 hrs. GWK offices are open seven days a week.
Useful travel links
AMEX Travellers Cheques information on Amex travellers cheques
Oanda International currency and foreign exchange services
Travellers Cheques Visa information on Visa travellers cheques
Universal Currency Converter online foreign exchange and currency
VISA ATM Locator location of any ATM that accepts VISA cards