The Rentenmark was a currency issued in November 1923 to stop the hyperinflation (1922 & 1923) in Germany. It replaced the Papiermark, which was completely devalued due to the Inflation. The Rentenmark was only an intermediate currency and was soon replaced by the Reichsmark. 1923 was a common year starting on Monday (link will take you to calendar). ... A 1,000,000,000 (1 billion) Mark banknote, issued in Bavaria/Germany during the hyperinflation of 1923 (http://www. ... 1922 was a common year starting on Sunday (see link for calendar). ... 1923 was a common year starting on Monday (link will take you to calendar). ... Papiermark (German: Paper mark) was the nickname for the banknotes issued during the hyperinflation in Germany in 1922 and mainly 1923. ... The Reichsmark (Symbol: RM) was the currency in Germany from 1924 until June 20, 1948. ...

Due to the economic crises in Germany after the Great War there was no Gold available to back the currency. Therefore the Rentenbank, which issued the Rentenmark, mortgaged land and industrial goods worth 3.2 billion Rentenmark to back the new currency. The Rentenmark was pegged to the US Dollar at a rate of 1 Dollar = 4 RM. The rate of the Rentenmark to the Papiermark was 1:1,000,000,000,000 (1 trillion Papiermark). Ypres, 1917, in the vicinity of the Battle of Passchendaele. ... General Name, Symbol, Number Gold, Au, 79 Chemical series transition metals Group, Period, Block 11 (IB), 6, d Density, Hardness 19300 kg/m3, 2. ... Usage in this encyclopedia One billion = 109 unless otherwise noted. ... US,Us or us may stand for the United States of America us, the oblique case form of the English language pronoun we. ... The dollar is the name of the official currency in several countries, dependencies and other regions (see list below), including the US dollar, the worlds most widely circulated currency (see list below). ... The numeral trillion refers to one of two number values, depending on the context of where and how it is being used. ...

The monetary policy spear-headed by Hjalmar Schacht - the Central Banker - together with the responsible fiscal policy of Chancellor of Germany Gustav Stresemann and Finance Minister Hans Luther brought the inflation in Germany to an end. Dr. Horace Greely Hjalmar Schacht (January 22, 1877 - June 3, 1970) was a German financial expert and Minister of Economics from 1935 until 1937. ... The head of government in Germany has traditionally been called Kanzler (Chancellor). ... Gustav Stresemann (May 10, 1878 - October 3, 1929) was a German politician and statesman during the Weimar Republic and the recipient of the Nobel Peace Prize. ... The finance minister is a cabinet position in a government. ... Hans Luther (10 March 1885–11 May 1962) was a German politician and former Chancellor of Germany. ...

A 5 Rentenmark banknote from Germany of 1926 (http://www.germannotes.com)