Currency reform in the Soviet occupation zone
In the Soviet occupation zone The Soviet Occupation Zone (German: Sowjetische Besatzungszone or Ostzone; Russian: Советская зона Германии, Sovetskaya zona Germanii, "Soviet Zone of Germany") was the area of central Germany occupied by the Soviet Union from 1945 on, at the end of World War II. On 7 October 1949 the German Democratic Republic, of Germany (later the German Democratic Republic The German Democratic Republic was a self-declared socialist state (but often mistakenly referred to in the West as a "communist state") that originated from the Soviet Zone of occupied Germany and the Soviet sector of occupied Berlin. The German Democratic Republic existed from 7 October 1949 until 3 October 1990, when its re-), the East German Mark The East German mark commonly called the eastern mark (Ostmark in West Germany and after the reunification), in East Germany only Mark, was the currency of the German Democratic Republic (East Germany). Its ISO 4217 currency code was DDM. The currency was known officially as the Deutsche Mark from 1948 to 1964, Mark der Deutschen Notenbank from 196 (also named "Deutsche Mark" from 1948-1964) was introduced a few days afterwards in the form of Reichsmark and Rentenmark notes with adhesive stamps to stop the flooding in of Reichsmark and Rentenmark notes from the West. In July 1948, a completely new series of East German Mark banknotes were issued.
<<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>>
