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The Reichsmark (German: [ˈʁaɪçsˌmaʁk] ⓘ; sign: ℛ︁ℳ︁; abbreviation: RM) was the currency of Germany from 1924 until the fall of Nazi Germany in 1945, and in the American, British and French occupied zones of Germany, until 20 June 1948.
- East German Mark
M10 coin issued in 1981 to commemorate the 25th Anniversary...
- German Rentenmark
German papiermark Ratio: 1 Rentenmark = 1,000,000,000,000...
- East German Mark
Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923. The German currency had seen significant inflation during the First World War due to the way in which the German government funded its war effort through borrowing, with debts of 156 billion marks by 1918.
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The introduction of the German mark in 1873 was the culmination of decades-long efforts to unify the various currencies used by the German Confederation. The Zollverein unified in 1838 the Prussian and South German currencies at a fixed rate of 1 Prussian thaler = 1 + 3 ⁄ 4 South German gulden = 16.704 g fine silver.
- Pfennig
- ℳ︁
- Mark
The German Papiermark (often just Papiermark) was the money of the Weimar Republic, from 1919 to 1923. On 15 November 1923 it was replaced by the Rentenmark, and in 1924, the Reichsmark became the official money. In 1914, the Gold standard was abolished; there was the First World War.
The Papiermark ( German: [ paˈpiːɐ̯ˌmaʁk] ⓘ; lit. 'paper mark', officially just Mark, sign: ℳ︁) was the German currency from 4 August 1914 when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I. In particular, the Papiermark was the currency issued during the hyperinflation in Germany of 1922 and 1923.
Dec 22, 2017 · Early in 1922, the German Papiermark—the currency of the Weimar Republic—was valued at around 200 Marks to the U.S. dollar. By November 1923, that figure had risen to 4,200,000,000,000. Put...