The currency of the Netherlands is the Euro (EUR). The Netherlands adopted the Euro on January 1, 2002, replacing its former currency, the Dutch guilder. As a member of the Eurozone, the Netherlands participates in the European Central Bank's monetary policy and benefits from economic integration with other Eurozone countries. The Euro simplifies travel and trade across Europe, making it easier for citizens and visitors to conduct financial transactions. The currency is recognized for its stability and is widely used in international exchanges and commerce.