Post-War West Germany 1948 Money Exchange. Crowds at the money exchange office (Wechsel Stube) On June 20, 1948 a reorganization of the money system in the Western Germany Occupation Zones. A currency reform came into effect and from June 21, 1948, the "Deutsche Mark" replaced the "Reichsmark" and "Rentenmark" means of payment became invalid. After the Second World War, goods remained very scarce. Food and other goods were only available in small quantities and only through food stamps and purchase certificates.

Post-War West Germany 1948 Money Exchange. Crowds at the money exchange office (Wechsel Stube) On June 20, 1948 a reorganization of the money system in the Western Germany Occupation Zones. A currency reform came into effect and from June 21, 1948, the "Deutsche Mark" replaced the "Reichsmark" and "Rentenmark" means of payment became invalid. After the Second World War, goods remained very scarce. Food and other goods were only available in small quantities and only through food stamps and purchase certificates. Stock Photo

RMID:2C59B54

Image details

Contributor:

Shawshots / Alamy Stock Photo

Image ID:

2C59B54

File size:

33.4 MB (1.1 MB Compressed download)

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Dimensions:

4002 x 2915 px | 33.9 x 24.7 cm | 13.3 x 9.7 inches | 300dpi

Date taken:

1948

Location:

West Germany

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This image could have imperfections as it’s either historical or reportage.

East against West Germany... Crowds at the exchange office - here at Wittenbergplatz On June 20, 1948 there was a reorganization of the money system in the Western Occupation Zones. A currency reform came into effect; and from June 21, 1948, the "Deutsche Mark" replaced the "Reichsmark" and "Rentenmark" means of payment became invalid .; After the Second World War, goods remained very scarce; Food and other goods were only available in small quantities and only through food stamps and purchase certificates. However, there was plenty of money; which led to backlogged inflation, making the Reichsmark almost worthless. The citizens went to the black market; to get goods; that were offered there at extremely high prices; or just exchanged goods with other goods; which made the money even more meaningless.

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1948 the deutsche mark black market deutsche mark replaced the reichsmark east against west food stamps and purchase certificates germany money exchange office 1948 germany post war inflation 1948 west germany exchange money reorganization of the money system wechel stube west germany money exchange 1948 post ww2 western occupation zones 1948 wittenbergplatz

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