Historical Figures

What is the value of old German money Zehn Millionen Mark paper August 22 1923?

As of August 22, 1923, Germany was experiencing hyperinflation, and the Zehn Millionen Mark paper currency was practically worthless. The massive amounts of paper money printed during this period greatly devalued the currency, and prices increased at an alarming rate. By November of that year, a loaf of bread cost over one billion Marks.

Therefore, the value of a Zehn Millionen Mark paper from August 22, 1923, is considered negligible and close to zero in today's terms.