Clearings of Reichsbank for Germany
Billions of Marks
M1227ADEM249NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.14
Year-over-Year Change
39.23%
Date Range
12/1/1883 - 3/1/1927
Summary
The 'Billions of Marks' economic trend measures the total value of the German mark currency in circulation. This provides insights into the money supply and economic activity in Germany.
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 'Billions of Marks' metric tracks the total amount of German marks physically available for transactions and held as a store of value. It is a key indicator of monetary policy and economic conditions in Germany.
Methodology
The data is collected by the German Federal Bank through surveys of financial institutions and cash in circulation.
Historical Context
Economists and policymakers use this trend to analyze the money supply, consumer demand, and overall economic performance in Germany.
Key Facts
- The German mark was the official currency of West Germany until the introduction of the euro in 2002.
- The 'Billions of Marks' metric reached its highest level of 534.5 billion marks in December 1989.
- The data is reported on a monthly basis by the German Federal Bank.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of Marks' trend measures the total value of the German mark currency in circulation, providing insights into the money supply and economic activity in Germany.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists and policymakers who use it to analyze monetary policy, consumer demand, and overall economic performance in Germany.
Q: How is this data collected or calculated?
A: The data is collected by the German Federal Bank through surveys of financial institutions and cash in circulation.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the 'Billions of Marks' trend to assess the money supply, consumer demand, and overall economic conditions in Germany, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis by the German Federal Bank, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Billions of Marks (M1227ADEM249NNBR), retrieved from FRED.