What happened to the gold standard in 1931?

Facing similar pressures, Britain had dropped the gold standard in 1931, and Roosevelt had taken note. On April 5, 1933, Roosevelt ordered all gold coins and gold certificates in denominations of more than $100 turned in for other money.

How did the US become a gold standard in 1879?

This was accomplished by growing the stock of money less rapidly than real output. By 1879 the market price of the greenback matched the mint price of gold, and according to Barry Eichengreen, the United States was effectively on the gold standard that year.

What was the gold ratio in 1875?

1875, Netherlands: the Dutch Guilder from 9.45 g silver to 0.6048 g gold; ratio 15.625. 1897, Russian Empire: the ruble from 18 g silver to 0.7742 g gold; ratio 23.25. The gold standard became the basis for the international monetary system after 1873.