Hyperinflation

Figures showing the exchange rate of the German Mark to the British Pound.

July 1914 £1 = 20 marks
Jan 1919 £1 = 35 marks
Jan 1920 £1 = 256 marks
Jan 1921 £1 = 256 marks
Jan 1922 £1 = 764 marks
Jan 1923 £1 = 71,888 marks
July 1923 £1 = 1,413,648 marks
Sept 1923 £1 = 3,954,408,000 marks
Oct 1923 £1 = 1,010,408,000,000 marks
Nov 1923 £1 = 1,680,800,000,000,000 marks

Source Material for Classroom Use – see all of our Source Banks hereGermany 1919-39 Source Material

Sources: The Weimar Republic 1918–29 – Sources: Hitler’s rise to power, 1919–33 – Sources: Nazi control and dictatorship, 1933–39 – Sources: Life in Nazi Germany, 1933–39

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Weimar and Nazi GermanyRise of the Nazi PartyAppeasement: Source MaterialSource Analysis Lesson: Nazi Methods of ControlRevision Guide, Weimar and Nazi Germany