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When was German Rentenmark created?

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Anonymous

11y ago
Updated: 8/21/2019

German Rentenmark was created in 1923.

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Wiki User

11y ago

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How much money is a 1 rentenmark worth?

The Rentenmark was a currency introduced in Germany in 1923 to stabilize the economy during hyperinflation. It was pegged to the gold standard and replaced the German Papiermark. However, the Rentenmark is no longer in circulation, and its value is primarily of historical interest rather than current monetary value. In terms of historical context, it was equivalent to 1 Rentenmark being backed by a specific amount of gold, but today it does not have a direct exchange value.


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Bill it says fine rentenmark deutiche rentenbank dec 30 1937 with the number 1 in all four corners the serial at top is G 05775143 you are interested in knowing if it has any cash value?

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