Ostmark

E241717

Ostmark was the official currency of the former German Democratic Republic (East Germany) used from its founding in 1949 until reunification in 1990.

All labels observed (1)

Label Occurrences
Ostmark canonical 2

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf currency ⓘ
former currency ⓘ
banknotesIssued 1 Mark ⓘ
10 Mark ⓘ
100 Mark ⓘ
2 Mark ⓘ
20 Mark ⓘ
5 Mark ⓘ
50 Mark ⓘ
blackMarketExchangeRateToDeutscheMark significantly below official rate ⓘ
coinsIssued 1 Mark ⓘ
1 Pfennig ⓘ
10 Pfennig ⓘ
2 Mark ⓘ
2 Pfennig ⓘ
20 Pfennig ⓘ
5 Mark ⓘ
5 Pfennig ⓘ
50 Pfennig ⓘ
colloquialName Ostmark ⓘ
country German Democratic Republic ⓘ
linked to: East Germany
endUse 1990 ⓘ
fixedConversionRateToDeutscheMark 1:1 (for wages, pensions, small savings) ⓘ
2:1 (for larger savings and other balances) ⓘ
hadSeparateHardCurrencyShops Intershop ⓘ
historicalPeriod Cold War ⓘ
ISO4217Code DDM ⓘ
issuingAuthority Deutsche Notenbank ⓘ
Staatsbank der DDR ⓘ
languageOfName German ⓘ
legalTenderUntil 1990-07-01 ⓘ
monetaryUnionDate 1990-07-01 ⓘ
monetaryUnionWith Federal Republic of Germany ⓘ
linked to: West Germany
notFreelyConvertible true ⓘ
officialName Mark der DDR ⓘ
Mark der Deutschen Notenbank ⓘ
politicalSystemContext socialist planned economy ⓘ
region Eastern Bloc ⓘ
replacedByCurrency Deutsche Mark ⓘ
Euro ⓘ
replacedCurrency Reichsmark ⓘ
Soviet occupation zone mark ⓘ
startUse 1949 ⓘ
subunit Pfennig ⓘ
subunitToUnitRatio 100 Pfennig = 1 Mark ⓘ
successorStateCurrencyContext Germany ⓘ
symbol M ⓘ
usedFor domestic transactions in the GDR ⓘ
usedIn East Germany ⓘ

How these facts were elicited

Referenced by (2)

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

East German mark → alsoKnownAs → Ostmark ⓘ
Ostmark → colloquialName → Ostmark ⓘ