old German berlin alexandra bank currency
Reichsmark Reichsmark The Reichsmark (Symbol: RM; 1 RM = 100 Reichspfennig) was the official German currency of the Weimar Republic and German Reich of the Nazis from 30. August 1924 until 20. June 1948. It was replaced by the Deutsche Mark in West Germany and by the East German mark ("Mark der DDR" or "Ostmark") in East Germany. The Reichsmark was introduced in 1924 as a replacement of the Rentenmark. The exchange rate was 1 Rentenmark = 1 Reichsmark. The rate to the old inflationary Papiermark was Mark = 1 RM (One trillion to one). The Reichsmark was pegged to the Dollar at a rate of 4 RM = US$1. It was also pegged to Gold at 1 RM = 1/2790 kg of fine gold. The Rentenmark continued to be in circulation and use in parallel to the Reichsmark. Reichsmark was also issued for the occupied territories and the German army during World War II. German berlin alexandra bank currency old collect antique, currency, foreign exchange, germany, invalid, legitimation, money, old realm bank board authentication-entitled, banknote, berlin, buss, canceled, directors, realm note, realm notes, serial number, studio, thousand, images, royalty free photo, stock photos, stock photograph, stock photographs, picture, pictures, graphic, graphics, The Reichsbank, German for "Reich Bank", was the central bank of Germany from 1876 until 1945. It was founded on 1 January 1876 (shortly after the establishment of the German Empire in 1871). The Reichsbank was created through the assumption of the central bank of Prussia by the Reich government. Its first president was Hermann von Dechend. Before unification in 1871, Germany had 31 central banks – the Notenbanken (note banks). Each of the independent states issued their own money. In 1870, a law was passed that forbade the formation of further central banks. In 1874, a draft banking law was introduced in the Reichstag (the German parliament). After several changes and compromises, the law was passed in 187
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