• Lost_My_Mind@lemmy.world
      0·
      4 days ago

      Man…I’m way out of here with my understanding of German currency. I thought the German mark was the currency they introduced after WWI when they started just printing money to pay back the allies.

      Then I thought they abandoned it in favor of the euro which came after WWII.

      My timeline/understanding is way off

      • Zwiebel@feddit.orgEnglish
        1·
        4 days ago

        The german currency after WWI was just called Mark, then after the hyperinflation it was replaced by the Reichsmark. After WWII came the Deutsche Mark. After the cold war the Euro.

        • 1871-1923 Mark
        • 1924-1948 Reichsmark
        • 1948-2001 Deutsche Mark
        • 1999+ Euro
        • Lost_My_Mind@lemmy.world
          1·
          3 days ago

          So there was a two year period where Germany had two currencys? The Deutsche Mark and the Euro from 1999-2001?

          • Zwiebel@feddit.orgEnglish
            1·
            2 days ago

            And a period basically without official currency, where people used money minted by pension funds interestingly

          • Peter1986C@nord.pubEnglish
            2·
            3 days ago

            You might be from outside of the Eurozone, and/or very young (I mean this in a respectful way). The European Central Bank et al. decided to have a transitional period in the participating countries.