German mark


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Noun1.German mark - formerly the basic unit of money in GermanyGerman mark - formerly the basic unit of money in Germany
German monetary unit - monetary unit in Germany
pfennig - 100 pfennigs formerly equaled 1 Deutsche Mark in Germany
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References in periodicals archive ?
*On December 31, 1998, the Council of the European Union fixed the irrevocable exchange rate, effectiveJanuary 1, 1999, for German mark to euros as DM 1.95583 = e1/41.
Nearly 28 years after the complete demise of the East German mark and 16 years after the introduction of the euro, these people are patiently waiting to hand in some of the billions of old deutschmarks still in circulation.
These were the English pound, the French franc, the German mark, the US.
1995: The pound hit a record low against the German mark at 2.1890.
The group claims Germany has since reimbursed old German mark holders in all countries except Taiwan, the Chinese-language Apple Daily reported.
There is also another symbol that might be another German mark with the letters "WaA140" under it.
The collapse of the rouble has similarities to the fall of the German mark after the First World War.
The company is also planning to bring its new entry-level saloon, the CLA to India, which might be showcased at the upcoming Delhi Auto Expo.The C-Class has been one of the most successful models on sale by the German mark in India.
"Moreover, when East Germany adopted the Deutsche Mark as legal tender on July 1, 1990, just ahead of German unification in October of the same year, the East German mark was converted at par for wages, prices, pensions and savings up to a limit of 4000 East Mark/person.
Gligor Bisev, one of the creators of the policy of a fixed denar rate of exchange, said that by pegging Macedonia's currency to the German mark and later to the euro, the European monetary policy had been taken over and the economy had been made stable.
Mr Nichols remembers: "It was packed and I remember we were giving money away because 10 East German Mark was equal to one West German Mark so there wasn't much point in taking money back.