Introduction of the Deutsche Mark in the GDR

After having queued up at a bank in Leipzig for a long time, this young man is happy about his Deutsche Mark bank notes on 01 July 1990. The monetary union which was executed on 01 July 1990 was a decisive step on the way to a reunion of the two German states. On the first day of the economic, monetary and social union, there was quite a rush on the new money, some 2.6 billion Deutsche Mark were paid out to GDR citizens in the first hours

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Banking Banknote Billion Currency Decisive Deutsche Executed Introduction Leipzig Monetary Paid Queued Quite Reunion

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