Papiermark

Papiermark
Mark (German)
	100 trillion-ℳ note, 1924 (short scale (US) or 100 billion-ℳ long scale (UK pre-1974, Germany, much of Europe)
Unit
Plural	Mark
Symbol	ℳ‎
Denominations
Subunit
1⁄100	Pfennig
Plural
Pfennig	Pfennig
Symbol
Pfennig	₰
Banknotes	1ℳ, 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
Coins	1₰, 2₰, 5₰, 10₰, 50₰ (1⁄2ℳ); 1ℳ, 3ℳ, 200ℳ, 500ℳ
Demographics
User(s)	German Empire; Weimar Republic; Free City of Danzig; Klaipėda Region
Issuance
Central bank	Reichsbank
Valuation
Pegged with	United 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.

The Papiermark (German: [paˈpiːɐ̯ˌmaʁk] (listen); lit. '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.[2] In particular, the Papiermark was the currency issued during the hyperinflation in Germany of 1922 and 1923.[3]

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