East German mark was created in 1948.
East German mark ended in 1990.
The currency of East Germany was known as the Mark. it had no exchange value as it was illegal to take it out of the country. When German reunification came about, the West German government exchanged it 2 for 1.
Unfortunately, your German mark is only worth $1-$2 depending on its condition. This mark is very common and does not have a high value.
what is the value of the German mark coin with horse on back dated 1923
The 1923 Reichsbank 20,000 Mark note in uncirculated condition is worth $2.
As of 2021, the German Mark (DEM) is no longer in circulation since Germany adopted the Euro (EUR) as its currency in 2002. Therefore, the value of 100 German Mark would be purely historical and would depend on the exchange rate at the time of conversion to another currency like the Euro.
The Euro is the German currency (symbol '€').Before 2002 the currency was the Deutsche Mark (DM) or German mark.Before 1990 there were two currencies, the Deutsche Mark in the Federal Republic of Germany (West Germany) and the "Ostmark" (officially "Mark der DDR") in the German Democratic Republic (East Germany).
I think you mean "Mark to Market" which is an accounting technique in which assets are valued at their current market value and not a previous value or future value. Mark to Market is also known as "Fair Value" accounting.
100-650 usd or so
As of today, the German mark is no longer in use as Germany adopted the euro in 2002. At the time of conversion, 1 euro was equivalent to 1.95583 German marks. Therefore, 500,000 German marks would have been worth approximately 255,000 euros.
The German equivalent of Mark is Markus