The Rentenmark (German: [ˈʁɛntn̩maʁk] ; RM) was a currency issued on 15 November 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany, after...
8 KB (833 words) - 23:40, 28 May 2024
the Papiermark was not directly replaced by the Reichsmark, but by the Rentenmark, an interim currency backed by the Deutsche Rentenbank, owning industrial...
31 KB (2,231 words) - 05:05, 10 July 2024
Reichsmark, to the stable Rentenmark. The Reichsbank rationed its lending, so that the Reichsmark remained at par with the stable Rentenmark. The currencies continued...
13 KB (1,684 words) - 05:17, 27 April 2024
November 1923 after the announcement of the creation of the Rentenmark, although the Rentenmark did not come into circulation until 1924. When it did, it...
44 KB (1,778 words) - 19:37, 3 July 2024
who were not able to borrow Rentenmarks, because Rentenmarks were not legal tender. On 16 November 1923, the new Rentenmark was introduced to replace the...
34 KB (4,156 words) - 10:38, 5 July 2024
introduction of the Rentenmark on 15 November 1923. One U.S. dollar was equivalent to 4.20 Rentenmarks; the exchange rate was 1 Rentenmark to one trillion...
166 KB (19,052 words) - 14:58, 14 July 2024
exclusively made up of paper money. The Papiermark was replaced by the Rentenmark (RM) from November 15, 1923, and the Reichsmark (ℛ︁ℳ︁) in 1924. During...
50 KB (4,524 words) - 11:41, 11 June 2024
Allied-occupied Germany Nazi Germany Weimar Republic 1924 1948 German Rentenmark Weimar Republic 1923 1924 German Papiermark Weimar Republic German...
1 KB (22 words) - 15:56, 21 January 2024
initiated by the Weimar Republic, such as introduction of a new currency, the Rentenmark, tighter fiscal control and a reduction in bureaucratic hurdles led to...
6 KB (696 words) - 06:24, 3 June 2024
western zones. Subsequently, on 20 June 1948, the Reichsmark and the Rentenmark were abolished in the western occupation zones due to Soviet counterfeiting...
26 KB (2,228 words) - 20:54, 31 December 2023