FX Markets

FX fact: Germany's currencies


While some in -- and out of -- the eurozone protest at the potential loss of their domestic currencies, Germans have little reason to feel sentimental about the Deutschmark: the German state has had no less than three currencies in the last century alone.

The original currency of the united German state -- the mark -- was established in 1871, and the Reichsbank was set up to run the currency four years later. But following a period of hyper-inflation, it was replaced by the reichsmark in 1923

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