1 / 2
1923 Germany 50 Million Mark EF
This note is an example of the hyperinflation experienced in the wake of WWII as Germany struggled with significant reparations. Money printing increased to a point at which purchasing power of currency was being diminished on a daily basis.
By the end of 1922 an American dollar was worth 2000 Marks. The rate further deteriorated in 1923 until it reached an exchange rate of 1:2,000,000
By the end of 1922 an American dollar was worth 2000 Marks. The rate further deteriorated in 1923 until it reached an exchange rate of 1:2,000,000
$2.49
Original: $7.11
-65%1923 Germany 50 Million Mark EF—
$7.11
$2.49Product Information
Product Information
Shipping & Returns
Shipping & Returns
Description
This note is an example of the hyperinflation experienced in the wake of WWII as Germany struggled with significant reparations. Money printing increased to a point at which purchasing power of currency was being diminished on a daily basis.
By the end of 1922 an American dollar was worth 2000 Marks. The rate further deteriorated in 1923 until it reached an exchange rate of 1:2,000,000
By the end of 1922 an American dollar was worth 2000 Marks. The rate further deteriorated in 1923 until it reached an exchange rate of 1:2,000,000
