Deutsche Mark in Kosovo
E504056
The Deutsche Mark in Kosovo was the German currency adopted as the de facto legal tender in Kosovo under UN administration after the Kosovo War, before later being replaced by the euro.
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
historical currency
ⓘ
monetary system ⓘ |
| administeredBy | United Nations Interim Administration Mission in Kosovo NERFINISHED ⓘ |
| category |
Currencies of Europe
ⓘ
Economy of Kosovo ⓘ Former currencies ⓘ |
| context | post-war reconstruction in Kosovo ⓘ |
| country | Kosovo NERFINISHED ⓘ |
| currency | Deutsche Mark NERFINISHED ⓘ |
| effect |
facilitation of international trade and aid
ⓘ
monetary stabilization in Kosovo ⓘ reduction of inflation in Kosovo ⓘ |
| governedBy | UNMIK regulations on currency use ⓘ |
| historicalSignificance | first widespread foreign currency use in Kosovo after war ⓘ |
| influencedBy | German monetary policy ⓘ |
| introducedAfter | Kosovo War NERFINISHED ⓘ |
| legalStatus |
de facto legal tender
ⓘ
unofficial currency before formal recognition ⓘ |
| monetaryAuthority | no local central bank in Kosovo at the time ⓘ |
| policyType | unilateral euroization precursor ⓘ |
| reasonForAdoption |
hyperinflation of Yugoslav dinar
ⓘ
lack of trust in Yugoslav monetary authorities ⓘ need for stable currency ⓘ |
| region | Balkans ⓘ |
| relatedTo |
Deutsche Mark
NERFINISHED
ⓘ
Euro in Kosovo ⓘ Kosovo War NERFINISHED ⓘ UN administration of Kosovo NERFINISHED ⓘ |
| replacedBy |
Euro
NERFINISHED
ⓘ
Euro in Kosovo ⓘ |
| replacedByEvent | introduction of euro banknotes and coins in Germany ⓘ |
| replacedCurrency | Yugoslav dinar NERFINISHED ⓘ |
| startEvent |
end of Kosovo War
ⓘ
establishment of UNMIK administration ⓘ |
| statusAfterEuro | phased out of circulation in Kosovo ⓘ |
| successorCurrency | Euro in Kosovo NERFINISHED ⓘ |
| timePeriod |
early 2000s
ⓘ
late 1990s ⓘ |
| usedAlongside | other foreign currencies in some transactions ⓘ |
| usedFor |
government transactions under UNMIK
ⓘ
retail payments ⓘ wages ⓘ |
| usedIn |
Federal Republic of Yugoslavia
NERFINISHED
ⓘ
Kosovo NERFINISHED ⓘ United Nations Interim Administration Mission in Kosovo NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.