56:054 Engineering Economy

Prof. O'Grady

German Inflation 1920s

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10 Million Marks July 1923

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100 Billion Marks November 1923

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Postal Rates
Postal rates for the period dramatically document the inflation. All postal rates, including registration fees, inland and foreign mail etc. are found in a table in the Michel Germany Specialized Catalog. Here is a summary of changes to domestic, city to city basic letter rates (Fernverkehr)and rate change dates:

Date Rates in Marks
Apr 1, 1921 .60
Jan 1, 1922 2
Jul 1, 1922 3
Oct 1, 1922 6
Nov 15, 1922 12
Dec 15, 1922 25
Jan 15, 1923 50
Mar 1, 1923 100
July 1, 1923 300
Aug 1, 1923 1,000
Aug 24, 1923 20,000
Sep 1, 1923 75,000
Sep 20, 1923 250,000
Oct 1, 1923 2,000,000
Oct 10, 1923 5,000,000
Oct 20, 1923 10,000,000
Nov 1, 1923 100,000,000
Nov 5, 1923 1,000,000,000
Nov 12, 1923 10,000,000,000
Nov 20, 1923 20,000,000,000
Nov 26, 1923 80,000,000,000
Dec 1, 1923 100,000,000,000
or 0.10 new marks!
 

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  [ Professor O'Grady ]