It was originally linked to the German ostmark
at a 1:1 ratio--a currency that, although it was a floating fiat currency after World War I, was not obviously worse than the other (then-floating) major international currencies of the day, and had the advantage of locality.
1938: Hitler invaded Austria, which was made a German Reich province named Ostmark
The President asked me to advise on the economics, particularly the plan by Kohl to exchange one deutsche mark for one ostmark
Implementation of building automation in the Ostmark
barracks-willow (existing barracks) in the Manual of Building Automation 3.
A population that willingly bore the trillion mark cost of reunification, bailed out bankrupt East Germany's wildly overvalued Ostmark
, bore a decade of wage restraints and economic recession to rebuild the GDR's Soviet traumatized economy, has no stomach for interminable bailouts and fiscal transfers.
Germany's introduction of a common currency upon reunification proved costly because the East's ostmark
had a preunification value just one-fourth that of the deutsche mark.
1938: Hitler went into Austria, which was made a German Reich province named Ostmark
In the following days, Austria was incorporated into Germany as the German province of Ostmark
Nystrom, D, Lindqvist, J, Ostmark
, E, Hult, A, Malmstrom, E, "Superhydrophobic Bio-Fiber Surfaces Via Tailored Grafting Architecture.
Germany was for a long time dominated by the Ostmark
("Eastern marches"), which became Austria.
At the time it was considered an onerous rate for Germany given unification at 1:1 between the ostmark
and deutschemark and the devaluations of many European countries from their pegs in the 1990s.
Thus, bell confiscations were undertaken in Austria as vigorously as they were in Germany, with the Ostmark
losing more than 72 per cent of its bells.