Reichsmark

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Related to reichsmarks: German Reichsmark

Reichsmark

The currency of Germany between 1924 and 1948. It was issued following the hyperinflation that crippled Germany in the early 1920s. It was pegged to gold. During World War II, the government set exchange rates between the Reichsmark and other Axis powers, as well as the occupied territories. In 1948, it was replaced by the Deutschemark in West Germany and the Ostmark in East Germany.
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References in periodicals archive ?
(54) By 1934, the number of members had risen again and balance sheets expanded by 50 percent to reach 1.5 million reichsmarks by the last day of trading in 1934.
Violence was used to get rid of the Jews, alongside huge payments for exit visas, an example would be Freud who had to pay nearly 32,000 Reichsmarks "refugee tax" to leave Vienna.
Upon his retirement, Hitler awarded Schlegelberger a bonus of 100,000 Reichsmarks, a considerable sum of money.
(3) As a result, German expenditures of foreign exchange for petroleum imports almost doubled during the first half of the Third Reich, from 129,800,000 Reichsmarks (RM) in 1933 to 230,000,000 RM in 1939.
15 PS19.99) EX-NAVY captain Robinson (Jude Law, right) is drawn into the hunt for a downed German U-boat, which sank during World War II with a cargo of gold bullion worth 80 million Reichsmarks.
Good friend Kurston (Daniel Ryan) has a cure for Robinson's woes: the location of a downed German U-boat, which sank during the Second World War with a cargo of gold bullion worth 80 million Reichsmarks.
At five million reichsmarks, it was the most expensive film released up to that point 1924 AMERICAN film and distribution company Columbia pictures was founded.
The Fuhrer's funny money was destined for a global audience - and it was needed: Reichsmarks were only accepted in Nazi occupied territories and Hitler's spies needed to grease palms abroad.
At its bestselling peak, his book Mein Kampf was earning him a million reichsmarks a year, worth nearly [euro]62million now.
A British program "The Hunt for Hitler's Missing Millions" claims that at his peak, the net worth of the Nazi leader could have hovered around 1.1 billion Reichsmarks, or $6.1 billion today.
Dr Chris Whetton, in his book 'Hitler's Fortune' estimated that the dictator's wealth at its peak was likely to have been 1.1 billion reichsmarks, which are 3.6billion pounds today.
.e programme estimates that, by 1938, Hitler owed 400,000 Reichsmarks in tax, around PS1.75million now.