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29 Jun 2016 by Jörn Kleinhardt
When World War II ended with the unconditional surrender of the German Reich, the Allied Forces occupied the different occupation zones. From the very beginning, the official instrument of payment was the Reichsmark, which had been introduced already in 1924 and which had survived the turbulent times of the Weimar Republic as well as the Third Reich. The old bills and coins continued to be in use during the transition period until June, 1948.
8 Sep 2015 by Jörn Kleinhardt
Regarding the inner-German tourist travel with all its aspects, one will inevitably come across the East-German „minimum exchange“ and the West-German „welcome money“. But what do these terms exactly mean and what were their consequences for the people?