Railroads, Maintenance of Way and Structures for Germany
Millions of Gold Marks
A027CCDEA412NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
431.00
Year-over-Year Change
543.28%
Date Range
1/1/1923 - 1/1/1935
Summary
The 'Millions of Gold Marks' trend measures the historical value of the German gold mark, a currency used in Germany from 1873 to 1914. This metric is crucial for understanding the economic conditions and policies of the late 19th and early 20th centuries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Millions of Gold Marks' series tracks the value of the German gold mark, the primary currency in Germany during the late 1800s and early 1900s. This historical data provides insights into the economic and monetary policies of the German Empire and Weimar Republic.
Methodology
The data is collected and calculated based on historical records and exchange rate information.
Historical Context
This trend is used by economists and historians to analyze the economic conditions and financial landscape of pre-World War I Germany.
Key Facts
- The German gold mark was introduced in 1873 and pegged to gold.
- The value of the gold mark fluctuated significantly during the late 19th and early 20th centuries.
- The collapse of the gold mark was a key factor in the economic instability of the Weimar Republic.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Gold Marks' trend measures the historical value of the German gold mark, the primary currency used in Germany from 1873 to 1914.
Q: Why is this trend relevant for users or analysts?
A: This historical data provides crucial insights into the economic and monetary policies of the German Empire and Weimar Republic, which is essential for understanding the economic conditions of that period.
Q: How is this data collected or calculated?
A: The data is collected and calculated based on historical records and exchange rate information.
Q: How is this trend used in economic policy?
A: This trend is used by economists and historians to analyze the financial landscape and economic conditions of pre-World War I Germany, which informs our understanding of the era's policies and events.
Q: Are there update delays or limitations?
A: As this is historical data, there are no updates, and the limitations are based on the availability and accuracy of the underlying records.
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Citation
U.S. Federal Reserve, Millions of Gold Marks (A027CCDEA412NNBR), retrieved from FRED.