Mark Der DDR
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Mark Der DDR
The East German mark (german: Mark der DDR ), commonly called the eastern mark (german: Ostmark, links=no ) in West Germany and after German reunification, reunification), in East Germany only ''Mark'', was the currency of the East Germany, German Democratic Republic (East Germany). Its ISO 4217, ISO 4217 currency code was DDM. The currency was known officially as the ''Deutsche Mark'' from 1948 to 1964, ''Mark der Deutschen Notenbank'' from 1964 to 1967, and from 1968 to 1990 as the ''Mark der DDR'' (Mark of the GDR). The mark (M) was divided into 100 Pfennig (pf). History 1948 On 18 June 1948 a currency reform was announced for the western zones. Subsequently, on 20 June 1948, the reichsmark and the rentenmark were abolished in the western occupation zones due to Soviet counterfeiting of ''AM-Marks'' resulting in economic instability and inflation and replaced with the ''Deutsche Mark'' issued by the ''Bank deutscher Länder'' (later the Deutsche Bundesbank). Because th ...
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Rentenmark
The Rentenmark (; RM) was a currency issued on 15 October 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany, after the previously used "paper" Mark had become almost worthless. It was subdivided into 100 ''Rentenpfennig'' and was replaced in 1924 by the Reichsmark. History After the Occupation of the Ruhr in early 1923 by French and Belgian troops, referred to as the ''Ruhrkampf'', the German government of Wilhelm Cuno reacted by announcing a policy of passive resistance. This caused the regional economy of the Ruhr, the industrial heartland of Germany, to almost stop. The occupation authorities reacted to strikes and sabotage with arrests and deportations. Those displaced and left without income by the ''Ruhrkampf'' and their families fell back on public income support. Tax revenues plunged as economic activity slowed. The government covered its need for funds mainly by printing money. As a result, inflation spiked and the Papiermark went into freefall on the ...
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10 Mark DDR 1986 - 100
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Halberstadt
Halberstadt ( Eastphalian: ''Halverstidde'') is a town in the German state of Saxony-Anhalt, the capital of Harz district. Located north of the Harz mountain range, it is known for its old town center that was greatly destroyed by Allied bombings in late stages of World War II after local Nazi leaders refused to surrender. The town was rebuilt in the following decades. In World War I, Halberstadt was the site of a German military airbase and aircraft manufacturing facilities. In World War II, Halberstadt was a regional production center for Junkers aircraft, which also housed an SS forced labor camp. Halberstadt now encompasses the area where the Langenstein-Zwieberge concentration camp existed. Geography Halberstadt is situated between the Harz in the south and the Huy hills in the north on the Holtemme and Goldbach rivers, both left tributaries of the Bode. Halberstadt is the base of the Department of Public Management of the Hochschule Harz University of Applied Stud ...
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Bundesarchiv Bild 183-1990-0522-022, Rackwitz, Einschmelzen Von DDR-Münzen
, type = Archive , seal = , seal_size = , seal_caption = , seal_alt = , logo = Bundesarchiv-Logo.svg , logo_size = , logo_caption = , logo_alt = , image = Bundesarchiv Koblenz.jpg , image_caption = The Federal Archives in Koblenz , image_alt = , formed = , preceding1 = , preceding2 = , dissolved = , superseding1 = , superseding2 = , agency_type = , jurisdiction = , status = Active , headquarters = PotsdamerStraße156075Koblenz , coordinates = , motto = , employees = , budget = million () , chief1_name = Michael Hollmann , chief1_position = President of the Federal Archives , chief2_name = Dr. Andrea Hänger , chief2_position ...
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Federal Republic Of Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th century, north ...
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Forum Check
Forum checks (german: Forumscheck) were a form of hard currency in East Germany. From April 1979, all East Germans were required by law to convert any Deutsche Marks (and other western currencies) they possessed into Forum checks at a branch of the Staatsbank der DDR immediately. A Forum check mark was worth 1 West German Deutsche Mark, the smallest denomination was 50 Pfennigs and the highest was for 500 West German Deutsche Mark. Forum checks were accepted in Intershops as payment for western consumer goods and other products which were available in these shops only. Foreign citizens could use western currencies in these shops. See also * Foreign exchange certificate * Bon Towarowy PeKaO Bon towarowy PeKaO (or simply Bon PeKaO) cheques were substitute legal tender (complementary currency) used in the People's Republic of Poland. The Polish government, needing hard foreign currency, introduced them in 1960. Citizens of Poland h ... External links *Neue Währung i ...
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Intershop
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 originally oriented towards visitors from Western countries, and later became an outlet where East Germans could purchase goods they could not otherwise obtain. An unintended consequence was that ordinary East Germans had some insight into the selection of goods available in the West, which they could then compare with the rather limited offerings available in their own country. Product offerings Intershops sold imported products such as cigarettes, liquor, appliances and even car accessories. It even sold quality East German products that were exported and then re-imported. Those items were sometimes sold at a lower price than the same product ...
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Black Market
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the . Examples include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Violations of the tax code involving income tax evasion in the . Because tax evasion or participation in a black market activity is illegal, participants attempt to hide their behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions since cash transactions are less-easi ...
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Bundesarchiv Bild 183-1983-0408-104, Mark Der DDR, 20 Mark, Gedenkmünze
, type = Archive , seal = , seal_size = , seal_caption = , seal_alt = , logo = Bundesarchiv-Logo.svg , logo_size = , logo_caption = , logo_alt = , image = Bundesarchiv Koblenz.jpg , image_caption = The Federal Archives in Koblenz , image_alt = , formed = , preceding1 = , preceding2 = , dissolved = , superseding1 = , superseding2 = , agency_type = , jurisdiction = , status = Active , headquarters = PotsdamerStraße156075Koblenz , coordinates = , motto = , employees = , budget = million () , chief1_name = Michael Hollmann , chief1_position = President of the Federal Archives , chief2_name = Dr. Andrea Hänger , chief2_position ...
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East Berlin
East Berlin was the ''de facto'' capital city of East Germany from 1949 to 1990. Formally, it was the Allied occupation zones in Germany, Soviet sector of Berlin, established in 1945. The American, British, and French sectors were known as West Berlin. From 13 August 1961 until 9 November 1989, East Berlin was separated from West Berlin by the Berlin Wall. The Western Allied powers did not recognize East Berlin as the GDR's capital, nor the GDR's authority to govern East Berlin. On 3 October 1990, the day Germany was officially German reunification, reunified, East and West Berlin formally reunited as the city of Berlin. Overview With the London Protocol (1944), London Protocol of 1944 signed on 12 September 1944, the United States, the United Kingdom, and the Soviet Union decided to divide Germany into three occupation zones and to establish a special area of Berlin, which was occupied by the three Allied Forces together. In May 1945, the Soviet Union installed a city gove ...
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West Berlin
West Berlin (german: Berlin (West) or , ) was a political enclave which comprised the western part of Berlin during the years of the Cold War. Although West Berlin was de jure not part of West Germany, lacked any sovereignty, and was under military occupation until German reunification in 1990, the territory was claimed by the West Germany, Federal Republic of Germany (FRG) which was heavily disputed by the Soviet Union and other Eastern Bloc countries. However, West Berlin de facto aligned itself politically with the FRG on 23 May 1949, was directly or indirectly represented in its federal institutions, and most of its residents were citizens of the FRG. West Berlin was formally controlled by the Western Allies and entirely surrounded by the Soviet Union, Soviet-controlled East Berlin and East Germany. West Berlin had great symbolic significance during the Cold War, as it was widely considered by westerners an "island of free world, freedom" and America's most loyal counterpa ...
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