But it becomes relevant for many people during emergencies. We make sure to routinely maintain an efficient cash distribution system, embed advanced security features so that it will be very difficult to impossible to counterfeit banknotes, and maintain the public's trust in cash.
The Bank of Finland managed to keep the exchange rate of the markka vis-à-vis the French franc constant for 36 years, from the start in 1878 until the outbreak of the First World War. Finland declared her independence in December 1917, following the October revolution in Russia. The First World War and the Finnish Civil War of 1918 caused sharp inflation.