X-Nico

3 unusual facts about East German mark


Begrüßungsgeld

the mandatory exchange of a specified amount of DM per day into the same amount of East German marks.

East German mark

With the Monetary, Economic, and Social Union of Germany on 1 July 1990 (in preparation for German reunification on 3 October 1990) the Deutsche Mark became the currency of East Germany.

Intershop

These products could not be purchased, or could only be purchased at lower quality, using East German marks, although the majority of these goods were produced in East Germany for sale to Western companies.



see also