Deutschmark

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Deutschmark

, Deutsche Mark
the former standard monetary unit of Germany, divided into 100 pfennigs; replaced by the euro in 2002: until 1990 the standard monetary unit of West Germany
References in periodicals archive ?
The 98-year-old hotel, which has played host to Japanese and other world leaders, movie stars, writers, architects and the Beatles among others, is largely associated with the famous ''Plaza Accord,'' which in 1985 dramatically drove down the value of the dollar against the Japanese yen and the German mark and helped avert a global financial crisis.
The ANN model is used to forecast the 90-day future spot rate for three currencies: the British pound, the German mark, and the Swiss franc.
The so-called Plaza Accord had the G-5 -- Britain, France, West Germany, Japan and the United States -- boost the value of the Japanese yen and the German mark, among others, because Japan and West Germany ran growing surpluses with the U.
dollar the German mark made it very advantageous for German publishers to buy into U.
An Austrian schilling was simply another name for a Belgian or French franc, which was another name for the German mark.
From a strictly fiscal standpoint, the currency is being viewed no differently than the German mark or the French franc.
There were indeed plenty of reasons to change one's mind about the future, including the secretary of the treasury's hint that the dollar would be allowed to fall free against the German mark in a kind of devaluation war and monthly data indicating that the economy was weaker than expected.
The strong rebound of the dollar (which was also at a two-year high against the German Mark in early December) has benefitted vacationers - but, it may also end up hurting US exports, which have become more expensive overseas.
This 40 million German mark investment is part of a five-year investment program of approximately 100 million DM in the silane chemicals area.