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Netherlands (Holland) (Euro)
The Netherlands officially uses the Euro as the local currency having introduced Euro notes and coins at the beginning of 2002 to replace the Dutch Guilder. The Euro is divided into 100 cents.
Currency regime
The Euro floats against the other major currencies with the European Central Bank (ECB) targeting inflation rather than the exchange rate, although intervention will be considered in exceptional circumstances.
Commercial rates
As at October 8th 2007, the Euro was trading around 1.4090 against the dollar
Tourist rates
On October 8th 2007 the Euro was trading around 1.381 against Sterling. For 1 UK pound you will, therefore, receive around 1.381 Euros.
Travellers cheques should be taken in Euros.
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