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The Finnhorse is a horse breed with both riding horse and draught horse influences and characteristics, and is the only breed developed fully in Finland. In 2007, the breed was declared the official national horse breed of Finland. It is claimed to be among the fastest and most versatile "coldblood" breeds in the world. The combined breed standard defines the Finnhorse as a strong, versatile horse with pleasant disposition. The average height is 15.1 hands (61 inches, 155 cm), and the most typical colour is chestnut, often with white markings and a flaxen mane and tail. Because the Finnhorse breed and its progenitors were the only horses in Finland for centuries, the history of horses in Finland parallels the history of the Finnhorse itself. The documented history of the distinct breed begins at the turn of the 13th century, and an official Finnhorse studbook was founded in 1907. The Finnhorse population plummeted from a high of just over 400,000 animals in the 1950s to a low of 14,100 in 1987. However, the breed managed to survive thanks to its popularity for harness racing and its versatility as a mount.