Table of Contents
How much is a 1920 German mark worth?
Introduction
| Date | Approx. Value of 1 US $ in German Marks |
|---|---|
| 1/1/1920 | 50 Mark |
| 1/1/1921 | 75 Mark |
| 1/1/1922 | 190 Mark |
| 7/1/1922 | 400 Mark |
How much was a German mark worth in 1923?
In 1923, at the most fevered moment of the German hyperinflation, the exchange rate between the dollar and the Mark was one trillion Marks to one dollar, and a wheelbarrow full of money would not even buy a newspaper. Most Germans were taken by surprise by the financial tornado.
How much are German banknotes worth in dollars?
Values of the most important German Banknotes from 1920 – 1923. The values depend on the condition of the banknotes. Value for condition I (= unc) and III (used condition, not torn and not very bad cond.) in Euro. 1 Euro is about 1.10 US$ The values are average prices for the cheapest types of these banknotes that collectors may pay…
How much is one euro worth in Germany?
You find the values of the most important german banknotes here. The values depend on the condition (= Erhaltung) of the banknotes. Value for condition I (= unc) and III (used condition, not torn and not very bad cond.) in Euro. 1 Euro is about 1.10 US$. The values are average prices that collectors may pay for these banknotes in Germany.
Why was there no money in Germany in 1919?
List of the most important german banknotes from the inflation period with their values. The treaty of Versailles damned Germany 1919 to pay a lot of reparations to the nations that won the war. Germany had a very weak economy at this time. The young republic of Weimar had no money.
What was the value of a German dollar in 1923?
The following table shows you the value of 1 $ at this time: The inflation ended with the issue of the German Rentenmark at November 1923. 1 Rentenmark was 1,000,000,000,000 Mark. 1 US Dollar was 4.20 Rentenmark.