Dutch guilder
The disastrous situation in the economy was further threatened by a sick financial economy. The government in exile had taken the gold reserves to London and had, to a significant degree, spent them. In the Netherlands, exports of money, goods and services to nazi Germany were credited to a Reichsmark account in Berlin that was, of course, never paid. The government budget was in heavy deficit, which was financed by printing money. The Dutch guilder was linked to the Reichsmark at the fixed rate of 1.327. In this way, the value of the Dutch guilder was completely linked to that of the Reichsmark and in 1945 the Reichsmark wasn't worth anything. These circumstances fulfilled all the conditions for an outbreak of hyperinflation: the money supply had quadrupled from 2.5 billion gulden to 10.9 billion guilder while the supply of goods was only a fraction of what it had been.