Forum check on:
[Wikipedia]
[Google]
[Amazon]
Forum checks (german: Forumscheck) were a form of
Neue Währung in den Intershops
Economy of East Germany Currencies of Germany {{Money-stub
Forum checks (german: Forumscheck) were a form of hard currency
In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's ''hard'' status might include the stability and ...
in East Germany
East Germany, officially the German Democratic Republic (GDR; german: Deutsche Demokratische Republik, , DDR, ), was a country that existed from its creation on 7 October 1949 until its dissolution on 3 October 1990. In these years the state ...
. From April 1979, all East Germans were required by law to convert any Deutsche Mark
The Deutsche Mark (; English: ''German mark''), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002. In English, it was ...
s (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 Deutsche Mark (; English: ''German mark''), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002. In English, it was ...
, the smallest denomination was 50 Pfennigs and the highest was for 500 West German Deutsche Mark. Forum checks were accepted in 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 asso ...
s 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 in den Intershops
Economy of East Germany Currencies of Germany {{Money-stub