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. It was subdivided into 100 Rentenpfennig and was replaced in 1924 by the Reichsmark.
|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|
|Central bank||Deutsche Rentenbank|
|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.|