German papiermark - Factbites

German papiermark - Factbites
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Topic: German papiermark

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	Papiermark -- Facts, Info, and Encyclopedia article
		Papiermark ((A person of German nationality) German: Paper mark) was the nickname for the banknotes issued during the (Click link for more info and facts about hyperinflation) hyperinflation in (A republic in central Europe; split into East German and West Germany after World War II and reunited in 1990) Germany in 1922 and mainly 1923.
		As a result, the currency was referred to as Papiermark, or Mark made of paper.
		Ever higher denominations of (A piece of paper money (especially one issued by a central bank)) banknotes were issued by the (A government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government) central bank and other institutions.
	www.absoluteastronomy.com /encyclopedia/P/Pa/Papiermark.htm (205 words)

	Papiermark - Wikipedia, the free encyclopedia
		The name Papiermark (German: Paper mark) can be applied to the German currency from the point in 1914 when the link between the mark and gold was abandoned, due to the outbreak of the First World War.
		In particular, the name was used for the banknotes issued during the hyperinflation in Germany of 1922 and especially 1923.
		The Papiermark was produced and circulated in enormously large quantities.
	en.wikipedia.org /wiki/Papiermark (235 words)

	Reichsmark - Wikipedia, the free encyclopedia
		It was replaced by the Deutsche Mark in West Germany and by the East German mark ("Mark der DDR" or "Ostmark") in East Germany.
		To stabilize the economy and to smoothen transition the Papiermark was not directly replaced by the Reichsmark, but by the Rentenmark, an interim currency backed by the Deutsche Rentenbank, owning industrial and agricultural real estate assets.
		The currency exchange rate between the old Papiermark and the Reichsmark was 1,000,000,000,000:1 (One trillion to one).
	en.wikipedia.org /wiki/Reichsmark (215 words)

	German historical Banknotes - Notgeld Inflation - Emergency Money
		The Notgeld together with the high-denomination banknotes issued by the central banks is also frequently referred to as Papiermark (English: Mark of paper).
		The "Reichsbank" (the main central bank) should not be mistaken by the "Reichsbahn" (the German railways), which also issued money - emergency money that is. The notes of the railways were endorsed by the Central bank and government and widely used in Germany due to the presence of its large branch network.
		Still only the central banks were allowed to issue the legal tender "Mark" as banknote.
	www.germannotes.com /faq_grossnotgeld.shtml (576 words)

	German historical Banknotes - Central Banks in Germany
		One Rentenmark was worth 1 Billion Mark (Papiermark) of the inflation currency.
		The Rentenmark was officially replaced by the Reichsmark in 1924, but stayed in circulation.
		It was pegged to the US Dollar at the rate of 4.2 Rentenmark = 1 US Dollar.
	germannotes.enonym.com /faq_central_banks.shtml (702 words)

	Colditz Castle - Wikipedia, the free encyclopedia
		Occasionally this turned to be a mistake as several of the bills they received were of the earlier Rentenmark or Papiermark varieties that were no longer considered valid.
		There were also other currencies in circulation, these included the, utilized for travelling and investments in Germany; the, for tourists; the, for sales of property belonging to foreigners; the, arising from the sale of securities in Germany; the in occupied territories; and the (Auxiliary Payment Certificates) for the German Armed Forces.
		Prisoners could use their relative luxuries for trade and, for example, exchange their cigarettes for Reichsmarks that they hoped could later use in their escape attempts.
	www.pineville.us /project/wikipedia/index.php/Colditz_Castle (8210 words)

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Topic: German papiermark

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