Mark der DDR

E239229

Mark der DDR was the official currency of the former German Democratic Republic (East Germany) until reunification in 1990.

All labels observed (3)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf fiat currency
former currency
alsoKnownAs East German mark
Mark der DDR (M)
linked to: Mark der DDR
banknoteDenominations 10 Mark
100 Mark
20 Mark
5 Mark
50 Mark
blackMarketRate significantly weaker than official rate
centralBank Staatsbank der DDR
coinDenominations 1 Mark
1 Pfennig
10 Pfennig
2 Mark
2 Pfennig
20 Pfennig
5 Mark
5 Pfennig
50 Pfennig
convertibility non-convertible on world markets
country German Democratic Republic
linked to: East Germany
currencyCode DDM
endUse 1990
endUseEvent German reunification
linked to: unified Germany
exchangeControl strict
hadSpecialShopSystem Exquisit and Delikat stores
Intershop
historicalEra Cold War
issuingAuthority Staatsbank der DDR
legalTender yes
monetarySystem socialist planned economy
officialName Mark der Deutschen Demokratischen Republik
linked to: Mark der DDR
peggedTo Deutsche Mark (official, administratively set rates)
linked to: Deutsche Mark
region Eastern Bloc
replacedBy Deutsche Mark
Euro (indirectly, via Deutsche Mark)
shortName Mark
Mark der DDR
startUse 1948
introduced after currency reform in Soviet occupation zone
status obsolete currency
subunit Pfennig
subunitToUnit 100 Pfennig = 1 Mark
symbol M
usedFor domestic retail transactions
state accounting within the GDR
wages and salaries in the GDR
usedIn Berlin (East)
linked to: East Berlin

East Germany

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

East German mark shortName Mark der DDR
Mark der DDR officialName Mark der Deutschen Demokratischen Republik
linked to: Mark der DDR
Mark der DDR shortName Mark der DDR
Mark der DDR alsoKnownAs Mark der DDR (M)
linked to: Mark der DDR
DDM officialNameOfCurrency Mark der DDR
Ostmark officialName Mark der DDR