Rentenmark
German currency from 1923-1924 / From Wikipedia, the free encyclopedia
The Rentenmark (German: [ˈʁɛntn̩maʁk] (
listen); RM) was a currency issued on 15 October 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany, after the previously used "paper" Mark had become almost worthless.[1] It was subdivided into 100 Rentenpfennig and was replaced in 1924 by the Reichsmark.
| Rentenmark (German) | |
|---|---|
.jpg) One Rentenmark note | |
| Unit | |
| Plural | Rentenmark |
| Symbol | RM |
| Denominations | |
| Subunit | |
| 1⁄100 | Rentenpfennig |
| Plural | |
| Rentenpfennig | Rentenpfennig |
| Symbol | |
| Rentenpfennig | Rpf. |
| Banknotes | RM 1, RM 2, RM 5, RM 10, RM 50, RM 100, RM 500, RM 1,000 |
| Coins | 1 Rpf, 2 Rpf, 5 Rpf, 10 Rpf, 50 Rpf |
| Demographics | |
| User(s) |  Germany |
| Issuance | |
| Central bank | Deutsche Rentenbank |
| Valuation | |
| Pegged with | United States dollar = RM 4.20, in turn 1,000,000,000,000ℳ = RM 1 (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. | |