Mark (German) | |
---|---|
Unit | |
Plural | Mark |
Symbol | ℳ︁ |
Denominations | |
Subunit | |
1⁄100 | Pfennig |
Plural | |
Pfennig | Pfennig |
Symbol | |
Pfennig | ₰ |
Banknotes | 1ℳ︁, 2ℳ︁, 5ℳ︁, 10ℳ︁, 20ℳ︁, 50ℳ︁, 100ℳ︁, 500ℳ︁ 1,000ℳ︁, 5,000ℳ︁, 10,000ℳ︁, 20,000ℳ︁, 50,000ℳ︁, 100,000ℳ︁, 200,000ℳ︁, 500,000ℳ︁ 1-million-ℳ︁, 2-million-ℳ︁, 5-million-ℳ︁, 10-million-ℳ︁, 20-million-ℳ︁, 50-million-ℳ︁, 100-million-ℳ︁, 500-million-ℳ︁ 1-billion-ℳ︁, 5-billion-ℳ︁, 10-billion-ℳ︁, 20-billion-ℳ︁, 50-billion-ℳ︁, 100-billion-ℳ︁, 200-billion-ℳ︁, 500-billion-ℳ︁ 1-trillion-ℳ︁, 2-trillion-ℳ︁, 5-trillion-ℳ︁, 10-trillion-ℳ︁, 20-trillion-ℳ︁, 50-trillion-ℳ︁, 100-trillion-ℳ︁ |
Coins | 1₰, 2₰, 5₰, 10₰, 50₰ (1⁄2ℳ︁) 1ℳ︁, 3ℳ︁, 200ℳ︁, 500ℳ︁ |
Demographics | |
Replaced | German mark (1871) |
Replaced by | Rentenmark |
User(s) | German Empire Weimar Republic Free City of Danzig Klaipėda Region |
Issuance | |
Central bank | Reichsbank |
Valuation | |
Pegged with | United States dollar = 4.2-trillion-ℳ︁ = RM4.20 (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. |
The Papiermark (German: [paˈpiːɐ̯ˌmaʁk] ; lit. 'paper mark', officially just Mark, sign: ℳ︁) was the German currency from 4 August 1914[1] when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I.[2] In particular, the Papiermark was the currency issued during the hyperinflation in Germany of 1922 and 1923.[3]