United Currency is the first foreign currency exchange institution approved by the State Administration of Foreign Exchange. The United Currency is a currency approved by the State Administration of Foreign Exchange, which can handle individual domestic and foreign currency exchange franchise business in the country. It also has related service outlets in Beijing, Shanghai, Guangzhou or major airports.
The use of a9 federation currency
After the reunification of the two Germanys in 1990, the monetary unit of the Federal Republic of Germany, the West German mark, was used. 1 mark equals 100 pfennig. The denominations of banknotes include 10, 20, 50, 100, 500, 1000 marks, etc., as well as 1, 2, 5, 10 marks and 1, 2, 5, 10, 50 pfennig coins. After the end of World War II, due to serious inflation in the Federal Republic of Germany.
In June 1948, Britain, the United States and France announced currency reforms in their occupied areas and issued new currency. The exchange rate of the new mark to the US dollar was 3.333 marks per US dollar. In September 1949, the mark also depreciated by 20.6% due to the depreciation of the pound. On January 30, 1953, the Bundesbank set the gold content of the mark at 0.211588 grams for the first time, and the official exchange rate was 4.20 marks per U.S. dollar.