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The East German mark (German: Mark der DDR [ˈmaʁk deːɐ̯ ˌdeːdeːˈʔɛʁ] ⓘ), commonly called the eastern mark (German: Ostmark [ˈɔstmaʁk] ⓘ) in West Germany and after reunification), in East Germany only Mark, was the currency of the German Democratic Republic (East Germany). Its ISO 4217 currency code was DDM.
The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaʁk] ⓘ; "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.
The introduction of the German mark in 1873 was the culmination of decades-long efforts to unify the various currencies used by the German Confederation. [2] The Zollverein unified in 1838 the Prussian and South German currencies at a fixed rate of 1 Prussian thaler = 1 + 3 ⁄ 4 South German gulden = 16.704 g fine silver.
Saar mark: Saarland: 1947 1947 Reichsmark Allied-occupied Germany Nazi Germany Weimar Republic: 1924 1948 German Rentenmark Weimar Republic: 1923 1924 German Papiermark Weimar Republic German Empire: 1914 1923 German gold mark German Empire: 1873 1914 Vereinsthaler: North German states 1857 1873 South German gulden: South German states 1754 ...
Notker the German is a notable exception in his period: not only are his German compositions of high stylistic value, but his orthography is also the first to follow a strictly coherent system. Significant production of German texts only resumed during the reign of the Hohenstaufen dynasty (in the High Middle Ages).
The Reichsmark was replaced by the Deutsche Mark at a rate of 10:1 (1:1 for cash and current accounts) in June 1948 in the Trizone [5] and later in the same year by the East German mark in the Soviet Occupation Zone (colloquially also "Ostmark", since 1968 officially "Mark der DDR").
The remaining convertible mark of Bosnia and Herzegovina is a currency that officially replaced the German mark as de facto currency of the ruptured economy and hyper-inflation of local divided currencies after the Bosnian war, pegged to the German mark 1:1 at the time, and further pegged to Euro at the rate at which German mark was replaced, i ...
The Hamburg Mark Banco, a bank money and an accounting unit, and; The Hamburg Mark Courant, an actual coin. Each mark is divided into 16 schilling, each of 12 pfennig. Three marks were equal to a Reichsthaler, Germany's main unit of currency which the Hamburger Bank (Bank of Hamburg) defined and maintained until 1875.