The currency used in the Netherlands is the euro, abbreviated as EUR. The Netherlands adopted the euro in 2002, replacing its previous currency, the Dutch guilder (florijn). As a member of the Eurozone, the Netherlands participates in the European Central Bank's monetary policy, which aims to maintain price stability across member countries. The euro facilitates trade, travel, and economic cooperation among Eurozone nations, making it more convenient for residents and visitors alike. Despite its adoption of the euro, the Dutch government continues to produce and circulate its own coins and banknotes bearing national symbols and designs.