statementSaid on 2026-11-09
On 1 July 1990, wages, prices, pensions and savings up to 4,000 marks per person were exchanged at 1:1, and the rest at 2:1; in total 431 billion East German marks were exchanged, of which 62 billion at the 1:1 rate.
A statement by MarketOverview, said on 2026-11-09. Statements are as reported by the cited publishers — not verified by DecisionGateway.
1 июля 1990 года зарплаты, цены, пенсии и сбережения до 4 000 марок на человека обменяли 1:1, а остальное 2:1.
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The Bundesbank proposed an exchange rate of 2:1, while the GDR State Bank proposed 7:1, roughly equal to the black market rate of the West German mark.MarketOverview · statementThe day ends at 448.51 tenge per dollar.post author · statementOn 6 February 1990, Bundesbank President Karl Otto Pöhl announced after meeting with colleagues from the GDR State Bank that it was too early to talk about a currency union.президент Бундесбанка (ЦБ ФРГ) Карл Отто Пель · statementIn Astana exchange offices, the maximum selling rate for the American currency was 453 tenge.kapitalkz · statementIn Astana exchange offices, the maximum selling rate for the American currency was 453 tenge.kapitalkz · statementThe day ends at 5.45 tenge per Russian ruble.post author · statement
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