Deutsche Mark
Noun
Meaning
formerly the basic unit of money in Germany
Source: WordNetSynonyms
Hypernyms
Examples
1964–1968 the official name of the East German mark, to distinguish it from the West Deutsche Mark) at the still held arbitrary compulsory rate of 1:1.
Descriptions and numeric grades for coins (from highest to lowest) is as follows: citation citation citation This Deutsche Mark coin shows blemishes and rim dents that would detract from its grade in appraisal.
On 21 June 1948, the Western Allies withdrew the old currency and replaced it with the new Deutsche Mark at the rate of 1 new per 10 old.
His Quantum Fund made huge profits in 1992 betting that sterling was overvalued against the Deutsche Mark, forcing the British to pull the pound out of the European Exchange Rate Mechanism.
By 1996 it had accumulated a value of 23 billion Deutsche Mark.
Eastern Deutsche Marks had to be exchanged for Western Deutsche Mark a rate of 1:1.