what is the value in dollars of a 1923 5000000 German mark?

Answer 1

If your bill is dated July 25, it's worth about $2.25 in average condition.

If it's dated August 8, it's worth about $4.

1923 was the year that hyperinflation peaked in Weimar Germany. Bills were revalued so frequently that they were printed with specific calendar dates, not just years, because inflation would render even enormous denominations almost worthless within a few weeks of issue.

Answer 2

This issue is one of the few hyperinflation notes that's worth more than a few dollars. sammler.com, a major German collector's site, shows its value in average condition as of 11/2008 at €10, or about US$12.50

Answer 3

These bills were issued during the infamous hyperinflation suffered by Weimar Germany. The October 1923 20 thousand million mark note is one of the more valuable ones. As of 02/2012 a circulated note retails for about €10, while an uncirculated one sells for about €30.