Netherlands Indian gulden

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The gulden was the currency of the Netherlands Indies until 1949. It was equal to the Dutch gulden for most of its history.

Until 1802, the Netherlands Indies gulden was subdivided into 20 stuiver, each of 4 duit, as in the Netherlands. However, in 1802, the local stuiver was devalued such that 24 stuiver = 1 gulden. A further devaluation occurred in 1817, resulting in relationships of 120 duit = 30 stuiver = 1 gulden.

In 1833, the duit was replaced by the cent, but the currency system was not decimalized, i.e., there were 120 cent to the gulden. Only in 1854 was the cent revalued to create a system of 100 cent = 1 gulden.

In 1942, the Japanese government began issuing paper money denominated in gulden for use in the Netherlands Indies. The gulden was replaced by the roepiah at par in 1944.

The gulden reappeared (again equal to the Dutch gulden) in the issues of the Javanese Bank and the Dutch government between 1945 and 1949. The Javanese Bank issues also called the currency the rupiah. In 1949, the Indonesian rupiah became the sole currency of Indonesia.

In West New Guinea, the Dutch remained in power until 1962 and the West New Guinea gulden circulated there, replacing the older gulden at par.


Guilders
Current Aruban florin | Hungarian forint | Netherlands Antillean gulden | Polish złoty
Defunct Austro-Hungarian gulden | British Guianan guilder | Danzig gulden | Dutch gulden | East African florin | Netherlands Indian gulden | Surinamese gulden | West New Guinean gulden
As a denomination Baden Gulden | Bavarian Gulden | British florin | English florin | Irish florin | Italian florin | Lombardy-Venetia florin | South German Gulden | Tuscan fiorino | Württemberg Gulden
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