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German banknotes 1944–1948

In 1944 the Allies issued a series of banknotes for use by the Allied forces in Germany.

Two types of banknotes were used: one printed in the USA and the other in the USSR.

The notes printed in the USA have a small printer's mark; this mark is absent from the notes printed in the USSR.

Allied banknotes circulated alongside German banknotes issued from 1929 to 1945.

The last banknotes printed by the German central bank were issued in January 1945.

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