Exchanging Old Foreign Currency (e.g., Dutch Guilders)
Yes, but options are limited and time-sensitive. The Dutch Guilder (NLG) was replaced by the Euro in 2002.
Where to Exchange
- De Nederlandsche Bank (DNB) – Central Bank: **Still exchanges guilders for euros indefinitely** (banknotes only, not coins). Visit DNB in Amsterdam or send by registered mail (form + ID copy). No fee. Best option.
- Commercial Banks (NL): Most stopped years ago. Some may offer for account holders—ask.
- Specialized Currency Exchanges: Firms like *Leftover Currency*, *Foreign Currency and Coin*, *Eurochange* buy demonetized notes (at a discount ~5–15% below fixed rate).
- Collectible Market: Rare/uncirculated notes may have numismatic value > face value. Check eBay, dealers, *Banknote World*.
Fixed Conversion Rate
1 EUR = 2.20371 NLG (irrevocably fixed 1999). DNB honors this exactly.
Other Currencies
- **Deutsche Mark, French Franc, Italian Lira, Spanish Peseta, etc.:** Most EU central banks still exchange their own legacy notes (check each bank's policy).
- **Non-EU obsolete currencies:** Often only collectible value.
Bring ID. Damaged/stained notes may be rejected or discounted.
Wanderlust World