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Papiermark

German currency from 1914 to 1923 / From Wikipedia, the free encyclopedia

The Papiermark (German: [paˈpiːɐ̯ˌmaʁk] (Loudspeaker.svglisten); lit. 'paper mark', officially just Mark, sign: ) 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.[2] In particular, the Papiermark was the currency issued during the hyperinflation in Germany of 1922 and 1923.[3]

Quick facts: Mark (German) , Unit, Plural, Symbol, De...
Papiermark
Mark (German)
GER-140-Reichsbanknote-100_Trillion_Mark_%281924%29.jpg
100 trillion-ℳ note, 1924 (short scale (US) or 100 billion-ℳ long scale (UK pre-1974, Germany, much of Europe)
Unit
PluralMark
Symbol
Denominations
Subunit
1100Pfennig
Plural
PfennigPfennig
Symbol
Pfennig
Banknotes1ℳ, 2ℳ, 5ℳ, 10ℳ, 20ℳ, 50ℳ, 100ℳ, 500ℳ
1,000ℳ, 5,000ℳ, 10,000ℳ, 20,000ℳ, 50,000ℳ, 100,000ℳ, 200,000ℳ, 500,000ℳ
1-million-ℳ, 2-million-ℳ, 5-million-ℳ, 10-million-ℳ, 20-million-ℳ, 50-million-ℳ, 100-million-ℳ, 500-million-ℳ
1-billion-ℳ, 5-billion-ℳ, 10-billion-ℳ, 20-billion-ℳ, 50-billion-ℳ, 100-billion-ℳ, 200-billion-ℳ, 500-billion-ℳ
1-trillion-ℳ, 2-trillion-ℳ, 5-trillion-ℳ, 10-trillion-ℳ, 20-trillion-ℳ, 50-trillion-ℳ, 100-trillion-ℳ
Coins1₰, 2₰, 5₰, 10₰, 50₰ (12ℳ)
1ℳ, 3ℳ, 200ℳ, 500ℳ
Demographics
User(s)Flag_of_Germany_%281867%E2%80%931918%29.svg German Empire
Germany Weimar Republic
Flag_of_the_Free_City_of_Danzig.svg Free City of Danzig
Flag_of_the_Klaip%C4%97da_Region.svg Klaipėda Region
Issuance
Central bankReichsbank
Valuation
Pegged withUnited States dollar = 4.2-trillion-ℳ = RM4.20 (1 trillion short scale (US) or 1 billion long scale (UK pre-1974, Germany, much of Europe) = 1,000,000,000,000)
This infobox shows the latest status before this currency was rendered obsolete.
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