L>Historical us Dollars come German Marks money conversion UC Santa Barbara> history Department > Prof. smashville247.net > tasks > historic Dollar-to-Marks Conversion web page
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100 eastern German Marx, 1975

Historical Dollar-to-Marks money Conversion Page

page created by Harold smashville247.net, Professor of German history at UC Santa Barbara (Prof. smashville247.net"s homepage)

What is old German money worth? US-German currency Conversion Tables, 1913-2005 Daily $ to DM (and €), 1971-present East German Marks: Black industry Conversion rates Value-then to value now: Inflation Calculators original Bidwell Scans Links

What is old German money worth? (back to top)

just how much old German paper money is precious on the market today? I can"t phone call you. This page is around how past amounts in Marks deserve to be converted to past and present united state dollars.

You are watching: How much is a mark worth in us dollars

I welcome suggestions for additions to this page: smashville247.net
history.ucsb.edu.

In 1938 Fritz earn 6000 Marks, what would his indistinguishable salary it is in today? (back to top)

First, making use of the tables automatically below, convert the 1938 Marks come 1938 dollars. In 1938, 2.49M=$1 or 12.4M=1£ method 6000M=$2409= £484.

Good luck v your historical conversion!

US-German currency Conversion Tables, 1913-2005 (back to top)

The tables ~ above the left below were scanned from R.L. Bidwell, Currency counter Tables: A hundred years of Change (London: Rex Collings, 1970), 22-24. The tables ~ above the best were generated at the Economic history Association"s eh.net site. In 2007 moved to: measuringworth.org/globalexchange These space annual averages (Bidwell"s room for the listed month).

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first trading day

year

$=DM
1971 3.643
1972 3.273
1973 3.205
1974 2.758
1975 2.418
1976 2.619
1977 2.346
1978 2.071
1979 1.822
1980 1.713
1981 1.975
1982 2.242
1983 2.374
1984 2.761
1985 3.173
1986 2.438
1987 1.918
1988 1.585
1989 1.764
1990 1.709
1991 1.490
1992 1.528
1993 1.637
1994 1.742
1995 1.554
1996 1.435
1997 1.541
1998 1.789
1999 1.655
The 1971-2005 data in this left-hand table space from Triacom, a translate in services firm in Barendorf, Germany. They generated it from oanda.com; see: daily Rates section, below.

The discrepancy through the eh.net table on the right is since the left-hand table has actually first trade day of the year values, while the right-hand table has actually annual averages. If a year"s worth in the right-hand table is higher, then the year mean dollar rate was stronger than in ~ the start of the year (said one more way: the DM gained weaker that year).

Lawrence H. Officer, Professor of business economics at the college of Illinois in ~ Chicago, on his InfoEurope page:"From 1913 onward, every the European collection are annual averages of daily exchange rates in the new York market."

Prof. Officer additionally gives the complying with details about German currency names: "On October 11, 1924 the monetary unit the Germany was adjusted from the note to the reichsmark, where 1 reichsmark = 1,000,000,000,000 mark. Commonwealth Reserve quotations switched indigenous the note to the reichsmark ~ above October 29, 1924. In June 1948 the financial unit was adjusted to the deutsche mark, wherein 1 deutsche note = 10 reichsmark.

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originally from: http://eh.net/hmit/ now: measuringworth.org year $1=Marks, annual avg. 1913 M 4.20 1914 M 4.23 1915 M 4.85 1916 M 5.50 1917 M 5.77 1918 N/A 1919 M 32.85 1920 M 57.11 1921 M 83.02 1922 M 430.48

note on Bidwell at left: brothers milliard=US billion, brother billion=US trillion.

1923 M 50,000.00 1924 avg. M 4,329,000,000. (4.329 us billion) 1925 RM 4.20

1926 RM 4.20 1927 RM 4.21 1928 RM 4.19 1929 RM 4.20 1930 RM 4.19 1931 RM 4.23 1932 RM 4.21 1933 RM 3.28 1934 RM 2.54 1935 RM 2.48 1936 RM 2.48 1937 RM 2.49 1938 RM 2.49 1939 RM 2.50 1940 RM 2.50 1941 RM 2.50 1942-1949 not accessible

1950 DM 4.20 1951 DM 4.20 1952 DM 4.20 1953 DM 4.20 1954 DM 4.20 1955 DM 4.21 1956 DM 4.20 1957 DM 4.20 1958 DM 4.19 1959 DM 4.18

1960 DM 4.17 1961 DM 4.02 1962 DM 4.00 1963 DM 3.99 1964 DM 3.98 1965 DM 3.99 1966 DM 4.00 1967 DM 3.99 1968 DM 3.99 1969 DM 3.92 annual averages source still: http://eh.net/hmit/ 1970 DM 3.65 1971 DM 3.48 1972 DM 3.19 1973 DM 2.65 1974 DM 2.58 1975 DM 2.46 1976 DM 2.52 1977 DM 2.32 1978 DM 2.00 1979 DM 1.83 1980 DM 1.82 1981 DM 2.26 1982 DM 2.43 1983 DM 2.55 1984 DM 2.85 1985 DM 2.94 1986 DM 2.17 1987 DM 1.80 1988 DM 1.76 1989 DM 1.88 1990 DM 1.62 1991 DM 1.66 1992 DM 1.56 1993 DM 1.66 1994 DM 1.62 1995 DM 1.43 1996 DM 1.50 1997 DM 1.74 1998 DM 1.76 1999 DM 2.08
resource still Triacom, ~ oanda
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graphic indigenous the Atlantic Times, Dec. 2007 (free monthly German newspaper because that the US)
Daily Dollars-to-Marks Rates, 1971-present (back to top)

East German Marks: Black market Conversion Rates (back come top) ns haven"t to be able come find any type of dates regarding WHEN the assorted black market rates to be in effect, but... The "Mark der DDR" commonly called Ostmark, "Eastern mark", was intended for inner use only, and was never easily convertible with foreign currencies ("valuta" was used for the instead). that was constantly officially valued through the east German federal government at 1:1 through the West Deutsche Mark. Tourists to eastern Germany were forced to exchange Deutsche Marks v Ostmarks in ~ 1:1. top top the black market the exchange price was about 5 come 10 eastern Ms because that a DM (when travel was permitted, e.g. In the 1970s); the eastern German government credited exports at a rate of 4.4M:1DM. In 1989 black market rates were around 3.77-4.40 Ostmark come 1 DM. view Manfred Wegner, Bankrott und Aufbau: Ostdeutsche Erfahrungen (Baden-Baden, 1995), p. 50. (Wegner was the founding president the the Institut für Wirtschaftsforschung in halle in 1992-1993.)

Converting Value-then to Value-now: Inflation Calculators (back to top)

My original Bidwell web page scans (back come top) from: R.L. Bidwell, Currency conversion Tables: A century of Change (London: Rex Collings, 1970), pp. 22-23, 24.

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Note: entry - exit = variety of viewers coming right into this page, yet looking at other pages prior to leaving the site.In 2014 my entire site to be no-indexed ~ above google for 6 months, therefore only straight links led people to any of my pages, no search results. Page developed by Harold smashville247.net, august 19, 2005, critical updated: see page header (Bidwell scans originally uploaded in October 1998 on my hmlinks.htm page: Dec. 1998 internet archive version) back to top, come H. smashville247.net homepage