Forum check
Encyclopedia


Forum checks were a form of hard currency
Hard currency
Hard currency , in economics, refers to a globally traded currency that is expected to serve as a reliable and stable store of value...

 in East Germany. By law all East Germans had to convert immediately any Deutsche Marks (and other western currencies) they possessed into Forum checks at the state bank since 1979. A Forum check mark was worth 1 Deutsche Mark. Forum checks, as well as western currencies, were accepted in Intershop
Intershop
Intershop was a chain of government-run retail stores in the German Democratic Republic in which only hard currencies could be used to purchase high-quality goods. The East German mark was not accepted as payment...

s as payment for western consumer goods.

External links

Neue Währung in den Intershops
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