Monetary systems

Started by swamphen, June 21, 2007, 04:07:38 PM

Previous topic - Next topic

swamphen

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)


P3D

$1 = 1RM = 100 000 DM

Note: Germany uses decimal comma instead of the decimal point. And AFAIK most of Eastern Europe.
The first purpose of a warship is to remain afloat. Anon.
Below 40 degrees, there is no law. Below 50 degrees, there is no God. sailor's maxim on weather in the Southern seas

Korpen

Quote from: P³D on June 21, 2007, 04:16:48 PM
$1 = 1RM = 100 000 DM

Note: Germany uses decimal comma instead of the decimal point. And AFAIK most of Eastern Europe.
And western Europe for that matter.
I am not certain about the UK, they might be the only european country to use decimal point (that i am awere of).
Card-carrying member of the Battlecruiser Fan Club.

swamphen

Quote from: P³D on June 21, 2007, 04:16:48 PM
$1 = 1RM = 100 000 DM
Yup. :) Surprisingly it wasn't until I was done until I realised how tidy the system was (delete three zeros from the DM value to get KM, delete two zeros from KM to get RM).

QuoteNote: Germany uses decimal comma instead of the decimal point. And AFAIK most of Eastern Europe.
Germany uses the comma, Brandenburg uses the point.  ;)

Oddly enough, today I found a gas station, right here in Florida, where the displays on the pumps used a comma...

Borys

ATM the Habsburg empire has the silver Gulden, divisible into 100 brass Gross.
There are voices to move to a GOLDEN Gulden, divisible into 3 SILVER Tallar, which would divide into 30 copper Gross each
NEDS - Not Enough Deck Space for all those guns and torpedos;
Bambi must DIE!