Currency: euro (EUR); Netherlands guilder (NLG) note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Currency code: EUR; NLG
Exchange rates: euros per US dollar - 1.1324 (January 2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999); Netherlands guilders per US dollar - 1.9837 (1998), 1.9513 (1997)
Fiscal year: calendar year
Communications Netherlands
Telephones - main lines in use: 9,132,400 (1999)
Telephones - mobile cellular: 4,081,891 (April 1999)
Telephone system: general assessment: highly developed and well maintained domestic: the existing system of multi-conductor cables is gradually being replaced by fiber-optic cables; the density of cellular telephone traffic is rapidly increasing and further modernization of the system is expected in 2001, with the introduction of the third generation of the Global System for Mobile Communications (GSM) international: 5 submarine cables; satellite earth stations - 3 Intelsat (1 Indian Ocean and 2 Atlantic Ocean), 1 Eutelsat, and 1 Inmarsat (Atlantic and Indian Ocean regions) (1996)
Radio broadcast stations: AM 4, FM 58, shortwave 3 (1998)
Radios: 15.3 million (1996)