Rentenmark
| Rentenmark (German) | |
|---|---|
One Rentenmark note | |
| Unit | |
| Plural | Rentenmark |
| Symbol | RM |
| Denominations | |
| Subunit | |
| 1⁄100 | Rentenpfennig |
| Plural | |
| Rentenpfennig | Rentenpfennig |
| Symbol | |
| Rentenpfennig | Rpf. |
| Banknotes | RM 1, RM 2, RM 5, RM 10, RM 50, RM 100, RM 500, RM 1,000 |
| Coins | 1 Rpf, 2 Rpf, 5 Rpf, 10 Rpf, 50 Rpf |
| Demographics | |
| Replaced | Papiermark |
| Replaced by | Reichsmark |
| User(s) | Germany |
| Issuance | |
| Central bank | Deutsche Rentenbank |
| Valuation | |
| Pegged with | United States dollar = RM 4.20, in turn 1,000,000,000,000ℳ = RM 1 (1 trillion short scale (US) or 1 billion long scale (UK pre-1974, Germany, much of Europe) = 1,000,000,000,000) |
| This infobox shows the latest status before this currency was rendered obsolete. | |
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The Rentenmark (German: [ˈʁɛntn̩ˌmaʁk] ⓘ; RM) was a currency issued on 15 November 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany, after the previously used Papiermark had become almost worthless. It was subdivided into 100 Rentenpfennig and was replaced in 1924 by the Reichsmark.