The article discusses the history of German currencies, focusing on the Deutsche Mark's 50-year lifespan. It compares the currency changes in 1923 and 1948, highlighting the different outcomes. In 1923, the currency was already ruined, leading to a terrible legacy for the country. In contrast, the currency reform of 1948 cleared away the inflationary ruins of the Hitler regime and laid the foundations for a new beginning. The Deutsche Mark's 50th anniversary in 1998 marked its last year as an independent currency.