Rentenmark

Rentenmark
Rentenmark (German)
	One Rentenmark note
Unit
Plural	Rentenmark
Symbol	RM‎
Denominations
Subunit
1⁄100	Rentenpfennig
Plural
Rentenpfennig	Rentenpfennig
Symbol
Rentenpfennig	Rpf.
Banknotes	RM 1, RM 2, RM 5, RM 10, RM 50, RM 100, RM 500, RM 1,000
Coins	1 Rpf, 2 Rpf, 5 Rpf, 10 Rpf, 50 Rpf
Demographics
Replaced	Papiermark
Replaced by	Reichsmark
User(s)	Germany
Issuance
Central bank	Deutsche Rentenbank
Valuation
Pegged with	United States dollar = RM 4.20, in turn 1,000,000,000,000ℳ = RM 1 (1 trillion short scale (US) or 1 billion long scale (UK pre-1974, Germany, much of Europe) = 1,000,000,000,000)
	This infobox shows the latest status before this currency was rendered obsolete.

The Rentenmark (German: [ˈʁɛntn̩maʁk] ^ⓘ; RM) was a currency issued on 15 November 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany, after the previously used "paper" Mark had become almost worthless.^[1] It was subdivided into 100 Rentenpfennig and was replaced in 1924 by the Reichsmark.

^ Scriba, Arnulf (6 August 2015). "Die Währungsreform 1923" [The Currency Reform 1923]. Deutsches Historisches Museum (in German). Retrieved 17 November 2023.

[1] Scriba, Arnulf (6 August 2015). "Die Währungsreform 1923" [The Currency Reform 1923]. Deutsches Historisches Museum (in German). Retrieved 17 November 2023.

[1]