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Q: Value of 1936 Mark ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: Value of 1936 Mark
Category: Business and Money
Asked by: anfanai-ga
List Price: $3.00
Posted: 06 Nov 2002 08:29 PST
Expires: 06 Dec 2002 08:29 PST
Question ID: 100375
What was the value, in US$, of the German Reichsmark, both in 1936?

Request for Question Clarification by tutuzdad-ga on 06 Nov 2002 08:52 PST
It depends on the condition, whether the currency is coin or paper,
and the face value of the currency?

Request for Question Clarification by tar_heel_v-ga on 06 Nov 2002 08:58 PST
Are you looking for the exchange value of the dollar against the
Reichsmark in 1936?

-THV
Answer  
Subject: Re: Value of 1936 Mark
Answered By: librariankt-ga on 06 Nov 2002 12:00 PST
Rated:5 out of 5 stars
 
Hi anfanai,

According to the website EH.net, "In the year 1936, it took 2.48
Reichsmark to buy one U.S. Dollar."  I went to their site (see below)
and selected Europe - Germany and the year (1936).

Economic History Service
http://www.eh.net/hmit/exchangerates/

I found this site by doing a Google search for the following terms:

historical
exchange rate
reichsmark

librariankt

Clarification of Answer by librariankt-ga on 06 Nov 2002 12:05 PST
anfanai,

Sorry, I forgot to add that this would mean that 1 Reichsmark was
roughly equivalent to $0.40 USD in 1936.

librariankt
anfanai-ga rated this answer:5 out of 5 stars
Very good.

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