Monetary System

Started by Sachmle, January 04, 2009, 03:28:28 PM

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Sachmle

The Monetary System of the Deutsches Kaiserreich Brandenburg
modified and adopted 1 January 1906

The basic monetary unit of the Deutsches Kaiserreich Brandenburg is the pfennig. Made out of copper, the pfennig (p) is the most common currency found within the borders of the Reich. There has been some concern that with the success of the Zambian copper mines, the value of copper may be lowered to the point where the pfennig will need to be either increased in size or changed to another metal. The Reichsmint has formed a committee to discuss options, aluminum being one of the materials under consideration.

100 pfennig equal one Deutschmark. The Deutschmark (DM), minted in silver, is the standard coin of the working German, and is the de facto "coin of the realm". Deutschmarks are minted in denominations of .25, .5, 1, 2, 5, 10, 25, 50, 100 and 500.

1,000 Deutschmark equals one Kaisermark. The golden Kaisermark (KM) is the standard currency of Brandenburg's business community. Kaisermarks are minted in denominations of .5, 1, 5, 10, 25 and 50.

100 Kaisermark equals one Reichsmark. Essentially the standard governmental currency, the Reichsmark (RM) is usually found in the form of gold bars. Reichmarks are minted in denominations of 1, 5 and 10.

1,000,000 DM = 1,000 KM = 10 RM
500,000 DM = 500 KM = 5 RM
100,000 DM = 100 KM = 1 RM
50,000 DM = 50 KM = 0.5 RM
10,000 DM = 10 KM = 0.1 RM
5,000 DM = 5 KM
1,000 DM = 1 KM
500 DM = 0.5 KM
100 DM = 0.1 KM

There has been occasional talk of a "Übermark" (ÜM), worth 100 Reichsmarks, but nothing has come of this.


(ooc)

An Orion-class kaufmannjaeger, accoring to Spring*, costs £0.332 million, which converts to 332,000 Deutschmark. According to the rules the ship costs 0.332 x 10 = $3.32.

Thusly, SMS Orion costs:
332,000 Deutschmark (DM)
332 Kaisermark (KM)
3.32 Reichsmark (RM)
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