German Monetary Reform 1948
On 20-21 June 1948, a law passed by the military government in the three western occupation zones of Germany abolished the Reichsmark and introduced the Deutsche Mark as the new currency. Long queues formed in front of the exchange offices and the shops filled up with goods again. The Ostmark was introduced in the Soviet occupation zone on 23 June 1948. The conflict over the introduction of the currency in all of Berlin finally led to the blockade of the

03.08.1948 - After the currency reform in the western part of Germany came into force on 21 June 1948 East Germany reformed their currency on 23 June 1948 but it took until the end of July befo...
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01.01.1948 - Germany - Leipziger Herbstmesse, DDR 1948, Geldumtausch: 'Deutsches Geld gegen Deutsches Geld' *** Local Caption *** 00645905
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01.01.1948 - Berlin 06.20.1948 Citizen of Berlin holding a newspaper. All of a sudden a currency reform has been announced
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24.06.1948 - Berlins are reading the latest daily news, on the black market in the British sector, which announce the introduction of the Deutsche Mark. Picture from 24 June 1948.
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01.08.1948 - A few days after the currency reform in the western part of Germany came into force on 21 June 1948 the shops present goods that long have not been seen.
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01.06.1948 - A long queue has formed in front of a selling point for whipped cream in Berlin in June 1948, short before the currency reform.
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16.06.1949 - Männer warten am 16.06.1949 in Berlin vor einer Vermittlungsstelle im Arbeitsamt. Nach der Währungsreform ist die Arbeitslosigkeit erwartungsgemäß gestiegen. +++(c) dpa - Report+++...
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20.06.1948 - An 20 June 1948 people line up to change 60 Reichsmark to 40 Deutsche Mark. The currency reform in the western part of Germany came into force on 21 June 1948.
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01.07.1948 - A few days after the currency reform in the western part of Germany came into force on 21 June 1948 the shops present goods that long have not been seen.
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30.11.2002 - Der "Vater des deutschen Wirtschaftswunders", Ludwig Erhard (r), mit Staatssekretär Walter Hallstein (undatiert). Professor Ludwig Erhard setzte nach der Währungsreform 1948 das Ko...
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20.06.1948 - In an issuing agency in Nuremberg, the new currency is distributed, on Sunday, 20 June 1948. The Rentenmark, the Reichsmark, and the Militärmark were replaced by the Deutsche Mark...
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30.07.1948 - The hairdressers of the west sectors are hard hit by the power cuts. There is power for only two hours per day and two hours per night during the Berlin Blockade. That is why a hai...
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01.07.1948 - A few days after the currency reform in the western part of Germany came into force on 21 June 1948 the shops present goods that long have not been seen as this fashion shop in Stu...
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20.06.1948 - Passersbies are looking at the goods on sale in the display window of a shoe store after the day of the currency reform. Picture taken on 20 June 1948.
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31.05.1948 - Kundenandrang vor einem Geschäft, das nach der Währungsreform am 21. Juni 1948, Schilder mit der Aufschrift "Neue Währung... neue Preise!" an der Hausfassade angebracht hat.
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01.07.1948 - Women look at a showcase of a fashion shop in Berlin. A few days after the currency reform in the western part of Germany came into force on 21 June 1948 the shops present goods th...
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27.09.1948 - A women in the refugee camp Munsterlager pays her bread with the eastern currency on 27 September 1948.
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24.06.1948 - Berlins receive the "new" banknotes on 24 June 1948 at an exchange office.
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23.06.1948 - People staying on line in front of a shop on 23 June 1948 that sells creme for "old money". The new Deutsche Mark in an issuing office in Frankfurt am Main. The currency reform in...
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19.06.1948 - The new money. The currency reform in the western part of Germany came into force on 21 June 1948
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31.05.1948 - After the currency reform in the three west zones on 21 June 1948, the housewives buy pots, flat irons, and other housewares which were unvailable before.
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31.05.1948 - The new Deutsche Mark in an issuing office. The currency reform in the western part of Germany came into force on 21 June 1948.
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26.06.1948 - Der SPD-Politker Franz Neumann hält während seiner Rede viertausend 50 D-Mark-Scheine der deutschen Notenbank in der Hand, von welchen je zwei mit der gleichen Nummer gekennzeichne...
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16.06.1949 - Frauen warten am 16.06.1949 in Berlin vor einer Vermittlungsstelle im Arbeitsamt. Nach der Währungsreform ist die Arbeitslosigkeit erwartungsgemäß gestiegen. +++(c) dpa - Report+++...
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19.06.1948 - The new banknotes, which were valid from 21 June 1948 in the west of Germany (picture from 19 June 1948).
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20.06.1948 - On 20 June 1948, long lines have formed in front of the issuing offices for the new currency, here in Frankfurt on the Main.
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10.04.2006 - "Herunter mit den Preisen" steht auf einem Plakat, das Demonstranten am 14.08.1948 während einer Demonstration in Stuttgart mit sich führen. Im Hintergrund ein im Krieg zerstörtes...
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01.07.1948 - A few days after the currency reform in the western part of Germany came into force on 21 June 1948 the shops present goods that long have not been seen.
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25.06.1948 - Teachers exchanging money at a school. On 25 June 1948, at 7am, the exchange of the former currency to Deutsche Mark has began in the western sectors of Berlin.
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20.03.1949 - The loudspeaker car of RIAS (Broadcasting in the American Sector) announces the currency reform to a waiting crowd at Bahnhof Zoo station in Berlin on 20 March 1948.
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28.07.1948 - A man sitting in ruins on 28 July 1948 in Berlin fills out the papers needed to change Reichsmark to Deutsche Mark. The currency reform in the western part of Germany came into for...
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01.06.1948 - Many people are standing on the track while the train from Mittenwald-Garmisch arrives at Starnberg station in Munich in June 1948. After the announcment of the date (20 June 1948)...
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24.06.1948 - People changing their Reichsmark to temporary Ostmark (Eastern Mark) on 24 June 1948 at a post office at Stettiner Platz in Berlin. A few days after the currency reform in the west...
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01.12.1948 - Im Schaufenster eines Lebensmittelgeschäfts in Berlin werden während der Berlin-Blockade "Täglich frische markenfreie Lebensmittel" angeboten. Als Reaktion auf die Währungsreform i...
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18.06.1948 - Boxes with new money are loaded under guard in front of the German state bank in Frankfurt on the Main.
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20.01.1949 - A fashion shop in Berlin offers a special price when customers pay half and half - meaning half of the price cash and the other half by cloth ration cards. After the currency refor...
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24.06.1948 - People in the eastern part of Berlin read at what places they will be able to change Reichsmark for Ostmark. A few days after the currency reform in the western part of Germany cam...
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01.08.1948 - Money became the main trading object after the currency reform in the western part of Germany came into force on 21 June. One needed to pay five eastern mark for one Deutsche Mark.
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14.06.1948 - Schwarzhändler in einer Stadt in Deutschland am 14.06.1948, eine Woche vor der Währungsreform. +++(c) dpa - Report+++ [dpabilderarchiv]
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31.03.1949 - Passersbys are interested in the outlays in a shopping window. A poster with the label 'We are willing to negotiate!' in the shopping window of a clothing shop in Eimsbüttel reveal...
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31.05.1948 - Vor der Währungsreform, die am 21. Juni 1948 in Kraft treten soll, gibt es einen großen Andrang der Geldeinzahler an den Schaltern der Banken und Sparkassen. Aufgenommen im Juni 19...
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30.11.2002 - Undated picture of Ludwig Wilhelm Erhard, German politician (CDU) and Chancellor of West Germany from 1963 until 1966. He is notable for his leading role in German postwar economic...
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01.01.2001 - 10 und 100 DM Banknoten von 1948 bis 2001. Die Kombo zeigt die 10 und 100 DM Banknoten aus dem Jahr 1948 (Oben), 1963 und 1962 (Mitte, l-r) und aus den Jahren 1991 und 1997 (Unten,...
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01.01.2000 - Leipziger Herbstmesse, DDR 1948, Geldumtausch: "Deutsches Geld gegen Deutsches Geld"
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01.01.2000 - Leipziger Herbstmesse, DDR 1948, Geldumtausch, Lebensmittelmarken
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