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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.
- Pfennig
- ℳ︁
- Mark
The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaʁk] ⓘ; English: German mark), abbreviated "DM" or "D-Mark" ([ˈdeːˌmaʁk] ⓘ), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002.
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When did the Papiermarks become a currency?
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Why did the Papiermark collapse?
The Rentenmark (German: [ˈʁɛntn̩maʁk] ⓘ; RM) was a currency issued on 15 November 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany, after the previously used "paper" Mark had become almost worthless. It was subdivided into 100 Rentenpfennig and was replaced in 1924 by the Reichsmark.
- Rentenpfennig
- RM
- Rentenmark
The Papiermark (German: [paˈpiːɐ̯ˌmaʁk]; lit. 'paper mark', officially just Mark, sign: ℳ) 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.
Oct 14, 2021 · The Papiermark (pronunciation (help · info); English: "paper mark", officially just Mark, sign: ℳ) was the German currency from 4 August 1914 [1] when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I.
The Goldmark was the currency of the German Empire, and Versailles fixed the values of the "papiermark" at 1914 prices. In order to relate this to today's economics I would be interested to know what 226 billion was as a percentage of overall German GDP. The only figure I can obtain is expressed in 1960 US dollars.
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.
