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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.
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 German Rentenmark Weimar Republic: 1923 1924 ...
This would mean that the East cross-border commuters could exchange 60% of their wages, which were paid in East German Marks, to (West) German Marks at the rate of 1:1 once back in West Berlin, while the West cross-border commuters were only paid 10% of their income in German Marks, and 90% of their income in East German Marks. The problem of ...
The mint mark A was also used for German mark coins minted in Berlin beginning in 1990 following the reunification of Germany. These mint marks have been continued on the German euro coins. Between 1 July 1990 (the currency union with East Germany) and 1 July 1991, East German coins in denominations up to 50 pfennig s continued to circulate as ...
This list of German abbreviations includes abbreviations, acronyms and initialisms found in the German language. Because German words can be famously long, use of abbreviation is particularly common. Even the language's shortest words are often abbreviated, such as the conjunction und (and) written just as "u." This article covers standard ...
Forum checks were purchased at the unrealistic rate of 1 East German Mark for 1 Deutsche Mark – the typical black market exchange rate varied from 5 – 10 East German Marks to the Deutsche Mark. In addition, it was also possible for holders of a foreign exchange account to order from the hard currency mail order GENEX catalog (GENEX gift ...
East Germany (German: Ostdeutschland [ˈɔstˌdɔʏtʃlant] ⓘ), officially known as the German Democratic Republic (GDR; Deutsche Demokratische Republik [ˈdɔʏtʃə demoˈkʁaːtɪʃə ʁepuˈbliːk] ⓘ, DDR [ˌdeːdeːˈʔɛʁ] ⓘ), was a country in Central Europe from its formation on 7 October 1949 until its reunification with West Germany (FRG) on 3 October 1990.
Intershop was a chain of government-owned and operated retail stores in the German Democratic Republic (GDR, East Germany) in which only hard currencies (and later Forum checks) could be used to purchase high-quality goods, usually from or associated with Western countries. The East German mark was not accepted as payment. Intershop was ...