Deutsche Mark

currency in Germany from 1948 to 2002

6 dated entries naming Deutsche Mark, drawn from 6 separate years between 1948 CE and 1990 CE. Nothing here is written by us: each line is the sentence a Wikipedia year article used, and the link beside it opens the exact revision.

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20th century

  • 1948June 21 – The Deutsche Mark becomes the official currency of the future Federal Republic of Germany.source
  • 1952August 27 – Reparation negotiations between West Germany and Israel end in Luxembourg: Germany will pay 3 billion Deutsche Marks.source
  • 1970September 29 – In Berlin, Red Army Faction members rob three banks, with loot totaling over DM 200,000.source
  • 1971May 5 – The U.S. dollar floods the European currency markets and especially threatens the Deutsche Mark; the central banks of Austria, Belgium, Netherlands and Switzerland stop the currency trading.source
  • 1979December 3 – The United States dollar exchange rate with the Deutsche Mark falls to 1.7079 DM, the all-time low so far; this record is not broken until November 5, 1987.source
  • 1990July 1 – German reunification: East Germany and West Germany merge their economies, the West German Deutsche Mark becoming the official currency of the East also. The Inner German border (constructed 1945) also ceases to function.source

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