Before 1871
A Mark had been the currency of Germany since its original unification The formal unification of Germany into a politically and administratively integrated nation state occurred on 18 January 1871 at the Versailles Palace's Hall of Mirrors. Princes of the German states gathered there to proclaim Wilhelm of Prussia as Emperor Wilhelm I of the German Empire. Historians debate whether or not Otto von Bismarck, the in 1871. Before that time, the different German states The States of the German Confederation were those member states that from June 20, 1815 were part of the German Confederation, which lasted, with some changes in the member states, until August 24, 1866, under the presidency of the Austrian imperial House of Habsburg, which was represented by an Austrian presidential envoy to the Federal diet in issued a variety of different currencies, though most were linked to the Vereinsthaler The Vereinsthaler was a standard silver coin used in most German states and the Austrian Empire in the years prior to German unification, a silver coin containing 16 2/3 grams The gram , (Greek/Latin root grámma); symbol g, is a unit of mass of pure silver. Although the Mark was based on gold rather than silver, a fixed exchange rate between the Vereinsthaler and the Mark of 3 Mark = 1 Vereinsthaler was used for the conversion.
<<Table of Contents The Deutsche Mark or German mark was the official currency of West Germany and, from 1990 until the adoption of the euro, all of unified Germany. It was first issued under Allied occupation in 1948 replacing the Reichsmark, and served as the Federal Republic of Germany's official currency from its founding the following year until 1999, when the | Next>> | Show All>>
