In the first half of 2020 just over 15,700 counterfeit euro banknotes were withdrawn from circulation in the Netherlands. This was 23% less than in the first half of 2019. The decrease was most marked in the second quarter of 2020 (-47%) and can be attributed to the economic lockdown in the...Read more
You can exchange most guilder notes for euros at De Nederlandsche Bank (DNB). Read more about the possibilities and the conditions that apply.
Overview of exchangeable guilder notes
You can still exchange most guilder banknotes at DNB, but not all of them. For example, You can exchange the €50 note (Sunflower) until 2032 and the €5 note (Joost van den Vondel) until May 2025. See the overview of exchangeable guilder notes.
Guilder conversion rate
For the exchange of guilders, we use the official conversion rate of NLG 1 = EUR 0.45378 This means one guilder is worth around 45 cent. We do not charge a fee.
You cannot exchange guilder coins at De Nederlandsche Bank. You can take silver coins to coin traders.
Guilder notes you received or purchased after 27 January 2002
We do not reimburse guilder banknotes that were received as payment for professional or business activities or accepted as payment for goods supplied or services delivered after 27 January 2002. We also do not reimburse guilder banknotes that you purchased after 27 January 2002. This is because the guilder ceased to be legal tender on that date.
Application for reimbursement
Here you can read how to apply for reimbursement of your guilder banknotes. There are several options, and certain conditions apply.
First you should download the application form for the exchange of guilder banknotes. Please fill in the form correctly and completely. Do a final check, print the form and sign it. You can then send the banknotes to us by post, or come and visit our Cash Desk in person.
Sending banknotes by post
You can send us no more than NLG 4,000 in banknotes. When sending your banknotes by post, you must include the following:
- the fully completed and signed application form.
- a copy of your debit card or a bank statement.
- a clear copy of your ID document, but ink out your citizen service number (BSN).
1000 AB Amsterdam
Important to know
- Please note: sending banknotes by post is at your own risk and expense. We advise you to use registered or insured mail, so that you are covered against loss up to a certain amount. Ask the postal or courier service for more information.
- For security reasons you should ink out the citizen service number on the copy of your ID document, including the digits in the row at the bottom.
- On the copy, write down the date and "For DNB". You could also use the Dutch government's Kopie-ID app to make a secure copy of your ID document.
- If you wish to receive the reimbursement on someone else's bank account, you need to include a copy of that person's ID document and an authorisation order signed by them.
Exchanging guilder banknotes in person
Would you like to exchange your guilder notes in person? Then you should make an appointment first. Please call + 31 20 524 2727 on business days between 9:00 and 12:00.
You should bring the following:
- the fully completed and signed application form
- the guilder banknotes
- your ID document
Important to know
If you wish to receive the reimbursement on someone else's bank account, you need to bring a copy of that person's ID document and an authorisation order signed by them.
How we process your application
- We will check whether the banknotes are genuine and establish their value in euro.
- We will also check whether your name is on any of the international sanctions lists and ask you about the origin of the banknotes.
- If your application is incomplete, we will return it by registered mail, together with the banknotes.
If your application is approved
You are eligible for reimbursement if all conditions are met. We will transfer the reimbursement amount to your bank account within two months. We will not send a confirmation of this. If we need more information, we will contact you, and it may take longer to process your application.
If your application is rejected
- We will not reimburse you if you fail to meet any of the conditions.
- If your application is rejected, we will inform you of the reason for rejection and how you can object against our decision.
- We may confiscate your banknotes if we suspect they are related to a criminal offence such as theft, drug trafficking or money laundering, and hand them over to the police. You may lodge an objection against our decision.
- We are required by law to report transactions that may be related to money laundering or terrorist financing to the Dutch Financial Intelligence Unit (FIU-NL).
You can also exchange collector coins and euro banknotes at DNB. Read more about the possibilities and the conditions that apply.
Damaged euro banknotes or coins
Do you have damaged euro banknotes or coins? You can apply for reimbursement with DNB. Read more about the possibilities and the conditions that apply to reimbursement of damaged euro banknotes and coins.