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By 1923 the German Mark traded at one trillion Marks to one dollar.
It rose most sharply against the German mark.
If there were separate currencies, the German mark would have appreciated against the other European currencies.
It is hard to gauge just how deep such nostalgia for the German mark runs.
TRADE, EXCHANGE RATES AND BUDGETS Sterling hit a 14-year high against the German mark.
AT THE beginning of 1923 the German mark stood at 7,260 to the dollar.
Until now the currency of preference in these Balkan parts has been the German mark.
Well, it was the German mark - national currency of a haven of unreconstructed social market economics.
The German mark is worth about 46 American cents, its lowest level in 14 years.
Were it to have retained the German mark it would have been forced to revalue by now.
Yet that is what we were promised when we gave up the German mark for the euro.
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