paper mark

E612263

The paper mark (Papiermark) was the German currency used during and after World War I, notorious for its extreme hyperinflation in the early 1920s.

All labels observed (1)

Label Occurrences
paper mark canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf historical currency ⓘ
country Germany ⓘ
currencyOf German Empire ⓘ
Weimar Republic ⓘ
denominations banknotes ⓘ
coins ⓘ
economicImpact loss of savings for German population ⓘ
social and political instability in Weimar Germany ⓘ
endTime 1924 ⓘ
EnglishName paper mark ⓘ
exchangeRateToRentenmarkAtReform 1 Rentenmark = 1,000,000,000,000 Papiermark ⓘ
followedBy Reichsmark ⓘ
Rentenmark ⓘ
government Weimar Republic ⓘ
highDenominationNotes trillion-mark notes ⓘ
historicalRegion German Reich ⓘ
linked to: Nazi Germany
inflationType hyperinflation ⓘ
introducedDuring suspension of gold standard in Germany ⓘ
ISO4217LikeCode none (pre-ISO era) ⓘ
languageOfTerm German ⓘ
legalTender yes ⓘ
materialForm paper money ⓘ
monetaryAuthority Reichsbank ⓘ
monetaryReform German currency reform of 1923 ⓘ
nativeLabel Papiermark ⓘ
notableEvent German hyperinflation of the early 1920s ⓘ
notableFor hyperinflation ⓘ
peakInflationYear 1923 ⓘ
peggedToGold no (during hyperinflation period) ⓘ
precededBy Goldmark ⓘ
reasonForHyperinflation excessive money printing ⓘ
war reparations burden ⓘ
reasonForIssue financing World War I ⓘ
replacedByCurrency Reichsmark ⓘ
Rentenmark ⓘ
replacedCurrency Goldmark ⓘ
scriptOnNotes Latin script ⓘ
startTime 1914 ⓘ
status obsolete ⓘ
subunit Pfennig ⓘ
subunitToUnitRatio 100 Pfennig = 1 Mark ⓘ
type fiat money ⓘ
usedAlongside emergency money (Notgeld) ⓘ
usedIn German domestic transactions ⓘ
usedInPeriod World War I ⓘ
post–World War I Germany ⓘ

How these facts were elicited

Referenced by (1)

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

Papiermark → alsoKnownAs → paper mark ⓘ