German monetary history

Germany's monetary history features periods of significant change, including the adoption of the gold standard in the late 19th century, which stabilized the economy. After World War I, hyperinflation devastated the currency, leading to the introduction of the Rentenmark in 1923. The Deutsche Mark replaced it in 1948, strengthening post-war recovery and stability. In 1999, Germany transitioned to the euro, integrating into the European monetary system. Throughout these shifts, Germany’s monetary policy has focused on stability and sustainability, reflecting broader economic and political developments in Europe.