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The German name of the currency is Deutsche Mark (fem., German pronunciation: [ˈdɔʏtʃə ˈmaʁk]); its plural form in standard German is the same as the singular. In German, the adjective "deutsche" (adjective for "German" in feminine singular nominative form) is capitalized because it is part of a proper name, while the noun "Mark", like ...
The 1948 currency reform under the direction of Ludwig Erhard is considered the beginning of the West German economic recovery; however, the secret plan to introduce the Deutsche Mark in the Trizone was formulated by economist Edward A. Tenenbaum of the US military government, and was executed abruptly on 21 June 1948.
Currency Area Date created Date abolished Euro Germany: 1999 current currency Deutsche Mark Germany (unified) West Germany: 1990 (unified) 1948 (West Germany) 2002 East German mark East Germany: 1948 1990 Saar franc: Saarland: 1947 1959 Saar mark: Saarland: 1947 1947 Reichsmark Allied-occupied Germany Nazi Germany Weimar Republic: 1924 1948 ...
Denominations of the Deutsche Mark currency. Only the denominations DM 1 ⁄ 2, 1, 2, 5, 10, 20, 50, and 100 were instituted on the initial date of June 20, 1948.. The currency reform of 1948 went into effect on June 20, 1948, in the Trizone, the three western occupation zones of Germany.
The history of the Bundesbank is inextricably linked with the history of the German currency after the Second World War.Following the total destruction after the war, the old Reichsmark was practically worthless, and a currency reform was implemented in the western occupation zones including West Berlin: on 21 June 1948, the D-Mark, or Deutsche Mark, replaced the Reichsmark.
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50, 2,50€ and 2 50.
Groschen (German: [ˈɡʁɔʃn̩] ⓘ; from Latin: grossus "thick", via Old Czech groš) is the (sometimes colloquial) name for various coins, especially a silver coin used in parts of Europe including France, some of the Italian states, England, and various states of the Holy Roman Empire.
Guernsey pound – Guernsey (not an independent currency) Haitian pound – Haiti; Irish pound – Ireland; Israeli pound – Israel; Italian pound – Italy; Jersey pound – Jersey (not an independent currency) Lebanese pound – Lebanon; Libyan pound – Libya; Lombardo-Venetian pound – Lombardy–Venetia; Luccan pound – Lucca ...