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East German mark information


Mark of the German Democratic Republic
Mark der Deutschen Demokratischen Republik (German)
M1 coinM100 banknote, issued 1975
ISO 4217
CodeDDM
Unit
PluralMark
SymbolM
Nicknamealu-chips
Denominations
Subunit
1100Pfennig
Plural
 PfennigPfennig
Symbol
 Pfennigpf
BanknotesM5, M10, M20, M50, M100, M200 b, M500 b
Coins
 Freq. used1pf, 5pf, 10pf, 20pf, 50pf, M1, M2
 Rarely usedM5, M10, M20 (commemorative)
Demographics
User(s)
  • Soviet Union Soviet occupation zone
  • East Germany German Democratic Republic
Issuance
Central bankStaatsbank der DDR
Valuation
Pegged withDeutsche Mark = (DM1 – M1)a
This infobox shows the latest status before this currency was rendered obsolete.
^a the East German Mark was officially a nonconvertible domestic currency. ^b the 200 and 500 Mark notes were printed, but never released into circulation.
M10 coin issued in 1981 to commemorate the 25th Anniversary of the National People's Army

The East German mark (German: Mark der DDR [ˈmaʁk deːɐ̯ ˌdeːdeːˈʔɛʁ] ), commonly called the eastern mark (German: Ostmark [ˈɔstmaʁk] ) in West Germany and after reunification), in East Germany only Mark, was the currency of the German Democratic Republic (East Germany). Its ISO 4217 currency code was DDM. The currency was known officially as the Deutsche Mark from 1948 to 1964, Mark der Deutschen Notenbank from 1964 to 1967, and from 1968 to 1990 as the Mark der DDR (Mark of the GDR). The mark (M) was divided into 100 Pfennig (pf).

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outside world from the citizens of Eastern Germany. News published in the GDR was intended to inform the East German public of how current events fitted into...

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morning, removing any inconvenience. Gifts up to the value of 200 East German marks could be imported. This was not based on the price the traveller would...

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high-quality goods, usually from or associated with Western countries. The East German mark was not accepted as payment. Intershop was originally oriented towards...

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