Stuiver
Encyclopedia
The stuiver was a pre-decimal coin
Coin
A coin is a piece of hard material that is standardized in weight, is produced in large quantities in order to facilitate trade, and primarily can be used as a legal tender token for commerce in the designated country, region, or territory....

 used in the Netherlands It was worth 16 penning or 8 duit
Duit
The duit was a Dutch coin worth 2 penning, with 4 duit equal to one stuiver and 80 duit equal to one gulden. It was once used in the Americas while under Dutch rule....

. Twenty stuivers equalled a guilder.

It circulated until the Napoleonic Wars
Napoleonic Wars
The Napoleonic Wars were a series of wars declared against Napoleon's French Empire by opposing coalitions that ran from 1803 to 1815. As a continuation of the wars sparked by the French Revolution of 1789, they revolutionised European armies and played out on an unprecedented scale, mainly due to...

. After the conflict, the Netherlands decimalised its guilder into 100 cents.

After the decimalisation of Dutch currency, the name "stuiver" was preserved as a nickname for the five-cent coin until the introduction of the euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

. The word can still refer to the five euro cent coin, which has almost exactly the same diameter and colour.

The English denomination name stiver
Stiver
The word stiver is derived from the Dutch Stuiver. It was a currency denomination in use in Ceylon from 1801 until 1821. It was also a denomination that formed part of the currency system of Demerara-Essequibo ....

 (used in colonial Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...

 and Guyana
Guyana
Guyana , officially the Co-operative Republic of Guyana, previously the colony of British Guiana, is a sovereign state on the northern coast of South America that is culturally part of the Anglophone Caribbean. Guyana was a former colony of the Dutch and of the British...

) is derived from stuiver.

Stuivers of the Dutch East India Company

From 1660, the Dutch East India Company
Dutch East India Company
The Dutch East India Company was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia...

 began to strike copper stuiver coins for local use in Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...

. At first, the coins were simply stamped on both sides with their denomination but from 1783, the VOC
Dutch East India Company
The Dutch East India Company was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia...

 monogram and date were added. The coins were minted at Colombo
Colombo
Colombo is the largest city of Sri Lanka. It is located on the west coast of the island and adjacent to Sri Jayawardenapura Kotte, the capital of Sri Lanka. Colombo is often referred to as the capital of the country, since Sri Jayawardenapura Kotte is a satellite city of Colombo...

, Jaffna
Jaffna
Jaffna is the capital city of the Northern Province, Sri Lanka. It is the administrative headquarters of the Jaffna district located on a peninsula of the same name. Jaffna is approximately six miles away from Kandarodai which served as a famous emporium in the Jaffna peninsula from classical...

, Galle
Galle
Galle is a city situated on the southwestern tip of Sri Lanka, 119 km from Colombo. Galle is the capital city of Southern Province of Sri Lanka and it lies in Galle District....

 and Trincomalee
Trincomalee
Trincomalee is a port city in Eastern Province, Sri Lanka and lies on the east coast of the island, about 113 miles south of Jaffna. It has a population of approximately 100,000 . The city is built on a peninsula, which divides the inner and outer harbours. Overlooking the Kottiyar Bay,...

. These coins were issued till British occupation in 1796.

See also

  • 5 Cent WWII (Dutch coin)
    5 cent WWII (Dutch coin)
    The Dutch 5 cent coin struck during the World War II German occupation was a unit of currency in the Netherlands.-History:After pre-war 5 cent coins had been demonetised in 1950, it turned out that a very large amount was still unaccounted for...

  • 5 Cent 1948 (Dutch coin)
    5 cent 1948 (Dutch coin)
    -Mintage numbers:The following number of coins has been struck....

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