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[edit] coins and changeover
To save cost of manufacturing, coins of less than 5 gulden (all denominated in cent) were made legal for their face value in the new currency. Thus, these coins increased their purchasing power by 1000 fold overnight.
isn't this 10 fold as guldens were denominated in cents? —Preceding unsigned comment added by Markizs (talk • contribs) 11:15, 21 February 2007
- 1 gulden = 100 old cent, 1 dollar = 1000 gulden = 100 new cent. So 1 new cent = 1000 old cent. If a coin that used to represent the amount of 10 old cent becomes 10 new cent overnight, its value increased by 1000 fold. --ChoChoPK (球球PK) (talk | contrib) 13:55, 21 February 2007 (UTC)