Germany Banknotes East

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Germany Banknotes East
The Soviet authorities create the East-German Mark in their zone of occupation. From 1949 to 1990, the currency changes the successive names of ?Deutsche Mark? of 1949 to 1964 (different from Deutsche Mark of the West Germany), of ?Mark der Deutschen Notenbank? of 1964 to 1967, and ?Mark DER GDR? (?Ostmark?) of 1967 to 1990. On July 1st, 1990, the monetary union is carried out with Deutsche Mark of FRG with parity of for one and the East-German mark is abandoned. This decision implied a very clear overvaluation of the East-German mark
Showing 1 - 12 of 12 items
Showing 1 - 12 of 12 items