Pfennig
The pfennig (; . 'pfennigs' or 'pfennige' ; currency symbol, symbol pf or ₰) or penny is a former Germany, German coin or note, which was an official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark (money), Mark currencies in the German Reich, West Germany and East Germany, and the German reunification, reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City of Danzig (modern Gdańsk, Poland). Overview Name The word ''Pfennig'' (replacing the ''denarius'' or ''denarius'' as a low-denomination silver coin) can be traced back to the 8th century and also became known as the ''Penning'', ''Panni(n)g '', ''Pfenni(n)c'', ''Pfending'' and by other names, e.g. in Prussia until 1873, ''Pfenning''. The ''-ing''- ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Danzig Gulden
The gulden, divided into 100 ''Pfennig'', was the currency of the Free City of Danzig from 1923 to 1939. History From 1914 to 1923, Danzig used the German ''Papiermark'' and issued several local 'emergency notes'. Inflation during 1922–23 averaged roughly 2,440% per month. In July 1923 it was announced that a new and independent currency (the gulden) was being established with the approval of the League of Nations finance committee to replace the German mark. The gulden was introduced at a value of 25 gulden = 1 pound sterling, or 9.6d sterling per gulden. Incorporation into Nazi Germany Danzig, separated from Germany after World War I, was annexed by Nazi Germany on 1 September 1939, the day the invasion of Poland had begun On the same day reichsmark coins and notes were declared legal tender alongside the Danzig gulden, with 1 gulden being equal to 70 reichspfennig (0.70 reichsmark). This was a favourable exchange rate for inhabitants of Danzig, since the actual exchange rat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Danzig Mark
The Papiermark (; 'paper mark') was a derisive term for the Mark (sign: ℳ︁) after it went off the gold standard, and most specifically with the era of hyperinflation in Germany of 1922 and 1923. Formally, the same German mark was used from 1871 to 1923. Like many countries, Germany departed the gold standard due to the outbreak of World War I, and stopped issuing gold coins backed in marks in August 1914. Precious metals rapidly disappeared from circulation, and inflation occurred as paper money was used to cover war debts in 1914 to 1918. Still, the papiermark is more associated with the early Weimar Republic era, when inflation grew out of control. By the time the mark was retired from circulation and renominated in December 1923, banknotes had amounts in the billions and trillions of marks by face value. History From 1914, the value of the mark fell. The rate of inflation rose following the end of World War I and reached its highest point in October 1923. The curre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bracteates
A bracteate (from the Latin ''bractea'', a thin piece of metal) is a flat, thin, single-sided gold medal worn as jewelry that was produced in Northern Europe predominantly during the Migration Period of the Germanic Iron Age (including the Vendel era in Sweden). Bracteate coins are also known from the medieval kingdoms around the Bay of Bengal, such as Harikela and Mon State, Mon city-states. The term is also used for thin discs, especially in gold, to be sewn onto clothing in the ancient world, as found for example in the ancient Persian Oxus treasure, and also later silver coins produced in central Europe during the Early Middle Ages. Gold bracteates from the Migration Period Gold bracteates commonly denote a certain type of jewelry, made mainly in the 5th to 7th century AD, represented by numerous gold specimens. Bead-rimmed and fitted with a loop, most were intended to be worn suspended by a string around the neck, supposedly as an amulet. The gold for the bracteates came ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bosnia And Herzegovina Pfenig
The convertible mark ( sh-Latn-Cyrl, konvertibilna marka, конвертибилна марка, separator=" / "; Currency symbol, sign: KM; ISO 4217, code: BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 pfenig or fening ( sh-Cyrl, пфениг or фенинг) and locally abbreviated ''KM'' ( sh-Cyrl, КМ, link=no). While the currency and its subunits are uniform for both constituent polities of Bosnia and Herzegovina, namely the Federation of Bosnia and Herzegovina (FBiH) and Republika Srpska (RS), the designs of the KM 10, KM 20, KM 50, and KM 100 banknotes are differentiated for each polity. History The Convertibility, convertible mark was established by the 1995 Dayton Agreement. It replaced the Bosnia and Herzegovina dinar, Croatian kuna and Yugoslav dinar#1994–2003; Novi dinar (YUM), Yugoslav novi dinar as the single currency of Bosnia and Herzegovina in 1998. ''Mark'' refers to the Deutsche Mark, the currency to which it wa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Penny
A penny is a coin (: pennies) or a unit of currency (: pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. At present, it is the formal name of the British penny ( p) and the '' de facto'' name of the American one-cent coin (abbr. ¢). ''Penny'' is also the informal name of the cent unit of account in Canada, although the production of one-cent coins was ended in 2012. The name ''penny'' is also used in reference to various historical currencies, also derived from the Carolingian system, such as the French denier and the German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such as the euro cent or Chinese fen. The Carolingian penny was originally a 0.940-fine silver coin, weighing pound. It was adopted by Offa of Mercia and other English kings and remained the principal currency in Europe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Albus (coin)
From the Late Middle Ages the ''albus'' was a common currency in parts of the Holy Roman Empire, especially in the Rhineland. The name is Latin and means "white". Because of its higher silver content, this lighter coin differed in colour from the other inferior coins. This resulted in the names ''denarius albus'' (white ''pfennig''), '' Weißpfennig'' or Rhenish ''groschen''. History The ''albus'' was a silver ''groschen'' coin of the Late Middle Ages that was distributed in the Lower Rhine region from the second half of the 14th century. The four Rhenish electors, who united in 1385/86 to form the Rhenish Minting Union (''Rheinischer Münzverein''), together had the ''Weißpfennig'' minted as a silver coin alongside the Rhenish gold gulden.Heinz Fengler, Gerhard Gierow, Willy Unger: ''Transpress Lexikon Numismatik.'' Berlin 1976, p. 19 Arthur Suhle: ''Die Groschen- und Goldmünzenprägung im 14.und 15. Jahrhundert'' in: „Deutsche Münz- und Geldgeschichte von den Anfängen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Currency Symbol
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: , and . Symbols are neither defined nor listed by international standard ISO 4217, which only assigns three-letter codes. Usage When writing currency amounts, the location of the symbol varies by language. For currencies in English-speaking countries and in most of Latin America, the symbol is placed before the amount, as in . In most other countries, including many in Europe and Canada (when using French), the symbol is placed after the amount, as in . Exceptionally, the symbol for the Cape Verdean escudo (like the Portuguese escudo, to which it was formerly pegged) is placed in the decimal separator position, as in . CV's most recent coin issue is the 200$ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Groschen
Groschen (; from "thick", via Old Czech ') is the (sometimes colloquial) name for various coins, especially a silver coin used in parts of Europe including Kingdom of France, France, some of the Italian states, and various states of the Holy Roman Empire. The word is borrowed from the late Latin , , a description of a ''tornese''. ''Groschen'' was frequently abbreviated in old documents to ''gl'', in which the second character was not an ''L'' (12th letter of the alphabet), but an abbreviation symbol; later it was written as ''Gr'' or ''g''. Names and etymology The name was introduced in 13th-century France as ', lit. "thick French denier, penny", whence Old French ', Italian ', Middle High German ', Low German and Dutch ' and English ''groat (coin), groat''. In the 14th century, it appeared as Old Czech ', whence Modern German '. Names in other modern languages include: * * * * Bulgarian language, Bulgarian, Macedonian language, Macedonian, Russian language, Russi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Polish Fenig
The marka (alternatively mark; , abbreviated ''Mp'', Polish-language plural declensions: ''marki, marek'') was the temporary currency of the Kingdom of Poland and of the Republic of Poland between 1917 and 1924. It was subdivided into 100 ''Fenigów'' (phonetic Polish spelling of German "Pfennig"), like its German original after which it was modelled. History During World War I, in 1915, after defeating the Russians, the Central Powers occupied the whole territory of the former Congress Poland and appointed two Governors General: a German ( Hans Hartwig von Beseler) in Warsaw and an Austro-Hungarian () in Lublin. The civil administration of the country was laid into the hands of imported German (mostly Prussian) and Austrian (mostly Polish) officials. Four currencies circulated: the Russian ruble, the papiermark, the ostrubel and the Austro-Hungarian krone. On December 9 the following year, after consultations with the Austrians, the chief of the German Administration, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Guter Groschen
The ''Guter Groschen'' ("good ''groschen''"), also ''Gutergroschen'' or ''Gutegroschen'', abbreviation ''Ggr.'', is name of the ''groschen'' coin that was valued at of a ''Reichsthaler'' from the end of the 16th century. It was called a "good ''groschen''" to distinguish it from the lighter '' Mariengroschen'' ("Mary's ''groschen''"), which was only valued at ''Reichsthaler''. The term ''Guter Groschen'' remained common until the middle of the 19th century. History According to the Imperial Circle decision of 1572 the ''groschen'', which depicted an orb on the reverse side, were initially valued at 21 to the ''Reichsthaler'', but later 24. These so-called '' Apfelgroschen'' were mainly minted in Northern Germany. During the time of counterfeiting, the ''Kipper'' and ''Wipper'' period, they were debased. After the ''Kipper'' mints were closed, they were minted as ''Gutegroschen'' with a higher value. The ''Groschen'' name was initially intended to express the retur ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pound (currency)
Pound is a name of various units of currency. It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin language, Latin expression , "a pound by weight", in which means 'scale' or 'balance' and means 'pound' or 'weight'. The currency's Pound sign, symbol is £, a stylised form of the blackletter 'L' (\mathfrak) (from ), crossed to indicate abbreviation. Pound sterling#History (600 to 1945), The term was adopted in England from the weight of silver used to make 240 pennies, and eventually spread to British colonies all over the world. Although silver penny mintage began seven centuries earlier, the first pound coin was minted under Henry VII of England, Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Estonian Mark
The Estonian mark () was the currency of Estonia between 1918 and 1928. It was running parallel with payment notes from the Clearing House of Tallinn as there was lack of cash in Estonia. The last available payment notes were exchanged for marks in 1923. On 11 November 1918 the Estonian Provisional Government assembled after the Armistice to discuss, among other issues, financial questions and on 30 November 1918 the Provisional Government agreed to establish the Estonian mark. The currency was modeled after Germany as Estonian finances were influenced by German law in 1918. It was initially equivalent to the German ostmark, which had been circulating alongside the Imperial rouble since the German occupation. It was divided into 100 ''penns'' (in Nominative case: ''penn''). Until 1919 there were also Russian rubles, German ostrubels and Finnish marks in circulation. The first marks were printed in Estonia and Finland in different denominations and there were different typ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |