German Ostmark

German Ostmark

Ostmark is the name given to a currency denominated in Mark which was issued by Germany in 1918 for use in a part of the eastern areas under German control at that time, the Ober Ost area. The currency consisted of paper money issued on 4 April 1918 by the ‘Darlehnskasse’ in Kowno (Kaunas) and was equal to the German Papiermark. The Ostmark circulated alongside the Russian ruble and the Ostruble, with two Ostmarks equal to one (Ost)ruble.

Read more about German Ostmark:  Denominations, Aftermath, Bibliography

Famous quotes containing the word german:

    Frankly, I do not like the idea of conversations to define the term “unconditional surrender.” ... The German people can have dinned into their ears what I said in my Christmas Eve speech—in effect, that we have no thought of destroying the German people and that we want them to live through the generations like other European peoples on condition, of course, that they get rid of their present philosophy of conquest.
    Franklin D. Roosevelt (1882–1945)