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  1. In addition, the immensely advantageous exchange rate of 1:1 between the West German Deutschmark to the East German mark meant that East Germans could trade in their almost worthless marks for and receive wages in West German currency. This dealt a major blow to the West German budget in the coming few years.

  2. The economy of the German Democratic Republic ( East Germany; GDR, DDR) was a command economy following the model of the Soviet Union based on the principles of Marxism-Leninism. Sharing many characteristics with fellow COMECON member states — the East German economy stood in stark contrast to the market and mixed economies of Western Europe ...

  3. Banknotes of East Germany. Deutsch: Die offizielle Währung der Sowjetischen Besatzungszone und der DDR zwischen 1948 und 1990 war Mark . Sie wurden ab 1948 von der Deutschen Notenbank und ab 1968 von der de:Staatsbank der DDR herausgegeben. Reichsmark und Rentenmark (RM) mit Koupons versehen von der Sowjetischen Militäradministration in ...

  4. 29. Juni 2018 · Timothy Rooks. 06/29/2018. This week marks the 28th anniversary of the monetary union between East and West Germany. What promised to be a healing cure-all for both sides killed the East German ...

  5. Politics of East Germany. The German Democratic Republic ( GDR; German: Deutsche Demokratische Republik ( DDR ), commonly known in English as East Germany) was created as a socialist republic on 7 October 1949 and began to institute a government based on the government of the Soviet Union during the Stalin era.

  6. Visitors to East Germany could only enter the country by car, bus, or train – not by bicycle or on foot. The exceptions to this were international airports, as well as Checkpoint Charlie. A special case involved the Friedrichstraße train station in East Berlin, which one could reach from West Berlin by U-Bahn, S-Bahn, or long-distance train.

  7. en.wikipedia.org › wiki › AM-MarkAM-Mark - Wikipedia

    The AM-Mark ("Allied Military Currency") was the currency issued in Allied-occupied Germany by AMGOT after the commencement of Operation Wild Dog in 1944. Individual prefix identification for Occupation zones (USA > 1, British > 0, French > 00, Soviet > -) quantities printed represented 532,000,000 notes. These notes circulated through mid 1948.