Rentenmark

The Rentenmark (German: [ˈʁɛntn̩maʁk] ; RM) was a currency issued on 15 November 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany, after the previously used "paper" Mark had become almost worthless. It was subdivided into 100 Rentenpfennig and was replaced in 1924 by the Reichsmark.

Rentenmark
Rentenmark (German)
One Rentenmark note
Unit
PluralRentenmark
SymbolRM
Denominations
Subunit
1100Rentenpfennig
Plural
RentenpfennigRentenpfennig
Symbol
RentenpfennigRpf.
BanknotesRM 1, RM 2, RM 5, RM 10, RM 50, RM 100, RM 500, RM 1,000
Coins1 Rpf, 2 Rpf, 5 Rpf, 10 Rpf, 50 Rpf
Demographics
ReplacedPapiermark
Replaced byReichsmark
User(s) Germany
Issuance
Central bankDeutsche Rentenbank
Valuation
Pegged withUnited States dollar = RM 4.20, in turn 1,000,000,000,000 = RM 1 (1 trillion short scale (US) or 1 billion long scale (UK pre-1974, Germany, much of Europe) = 1,000,000,000,000)
This infobox shows the latest status before this currency was rendered obsolete.
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