Examples of Deutsche Marks in a sentence
The agreement provided for a lump-sum payment by Germany to the United States of 34.5 million Deutsche Marks (approximately $18.5 million), to be made as soon as funds in that amount were appropriated by the German Parliament.
That day, a number of banks had released payment of Deutsche Marks to Herstatt in Frankfurt in exchange for US Dollars that were to be delivered in New York.
Kingate Euro was created in January 1996 as a sub-fund of Kingate Global to handle investments made in Deutsche Marks.
According to BLMIS’s records, on or about January 1, 1996, BLMIS opened an account designated 1FN086 as a sub-fund of Kingate Global to handle investments made in Deutsche Marks.
This is particularly important for German policies since, following World War II, West Germany reformed its currency from Reichsmarks (RM) to Deutsche Marks (DM).