German papiermark

50 Mark, 1920

The German Papiermark (often just Papiermark) was the money of the Weimar Republic, from 1919 to 1923. On 15 November 1923 it was replaced by the Rentenmark, and in 1924, the Reichsmark became the official money. In 1914, the Gold standard was abolished; there was the First World War. The period when it was used was marked by a high inflation rate. At some time, the "millions" and billions of Mark were written in words, because there was not enough space on the paper.

Bills

• 
  10 Mark (1920)
• 
  100 Mark (1920)
• 
  1000 Mark
  (15. September 1922)
• 
  10.000 Mark
  (19 January 1922)
• 
  20.000 Mark
  (20 February 1923)
• 
  100.000 Mark
  (1 February 1923)
• 
  20 million Mark
  (18 September 1923)
• 
  100 million Mark
  (22 August 1923)
• 
  5 milliard Mark
  (20 October 1923)
• 
  5 billion Mark
  (1 November 1923)