per Gulden), and The Gulden's gold equivalent of 0.60561 g, at a Gold-Silver ratio of 15.5 in neighboring France, was worth only 9.39 g in silver. Following Belgium's secession from the Netherlands in 1830, a more permanent solution was implemented in 1840 by reducing the Gulden to 9.45 g fine silver and repealing its fixed equivalence in gold. Gold Standard As a result of the adoption of the Gold Standard by the newly established German Empire in 1873, the Netherlands in 1875 repealed the free coinage of silver into Gulden coins, substituted by the free coinage of gold into 10-Gulden coins containing 6.048 g fine gold. This arrangement continued until the worldwide suspension of the gold standard in 1914 due to the First World War. The gold standard was revived in 1925 but was abandoned in 1936. After 1914 In 1914 the guilder was traded at a rate of 2.46 guilders = 1 U.S. dollar. As of 1938, the rate was 1.82 guilders = 1 U.S. dollar. One Dutch guilder in 1914 could buy roughly the same amount of goods and services as 10.02 U.S. dollars or 8.17 euros in December 2017. In 1938, the guilder purchasing power would be approximately equal to 9.54 U.S. dollars or 7.78 euros in December 2017. Overall, the guilder remained a very stable currency and was also the third highest-valued currency unit in Europe in the interwar period (after the British Pound Sterling and the Irish pound, which, at this time, were pegged to each other at par). Following the German occupation, on 10 May 1940, the guilder was pegged to the Reichsmark at a rate of 1 guilder = 1.5 Reichsmark. This rate was reduced to 1.327 on 17 July of the same year. The liberating Allied forces set an exchange rate of 2.652 guilders = 1 U.S. dollar, which became the peg for the guilder within the Bretton Woods system. In 1949, the peg was changed to 3.8 guilders = 1 dollar, approximately matching the devaluation of the British pound. In 1961, the guilder was revalued to 3.62 guilders = 1 dollar, a change approximately in line with that of the German mark. After 1967 guilders were made from nickel instead of silver. Euro changeover In 2002, the guilder was replaced by the euro at an exchange rate of 2.20371 guilders = 1 Euro. Coins remained exchangeable for euros at branches of