Deutschemark

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Deutschemark

The former currency of Germany. It was introduced in 1948, replacing the Reichsmark. It became one of the most important currencies in the world. For example, it was one of the currencies included in the basket that determined the value of Special Drawing Rights. After 1990, the deutschemark became the currency of the unified Germany. It was replaced by the euro in 1999 and ceased circulation in 2002.
References in periodicals archive ?
Bundesbahn, Bremen Lagerhaus-Gesellschaft (BLG), WIC, and the Industriebahn-Gesellschaft Berlin, and after an investment of several million Deutschmarks.
In the case of the GDR, the introduction of the deutschmark and the ensuing adoption of western economic rules will subject the country's economy to a downright brutal process of adjustment.
The fact that the people of Germany had no referendum on the doing away of their rock-solid Deutschmark remains almost impossible to believe.
Merkel told the weekly magazine there would be "no return to the deutschmark mark" and said Germany was committed to the euro "and will continue to do what is necessary to guarantee a stable euro".
With this combination, the Estrel was the first hotel in the history of the German hotel industry to cross the one hundred million Deutschmark turnover mark and is still undisputedly at the forefront of German hotels with the highest turnovers.
When it was in its infancy, both Rob McKinnon and Paul Lambert were able to walk away from Lanarkshire without a guilder or deutschmark winging its way in the opposite direction.
Of the 12 eurozone members, a majority wanted their old currency back in Germany, where 57% prefer the Deutschmark, and Holland, where 55% prefer the Guilde r.
SYD Boulton (Viewpoints, December 9) claims that most European countries want to revert to their original currency and that two thirds of the Germans want to return to the Deutschmark.
He also badly needed to make a quick deutschmark or two to help subsidize his completion of the sprawling ``Ring'' cycle.
The dollar was at historically low levels; the only weaker currency against the deutschmark was the peso, but U.
The German people were not given a referendum on the abolition of their beloved Deutschmark currency any more than we were permitted one on the treacherous Treaty of Lisbon (2007).