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<p>[QUOTE=&quot;GDJMSP, post: 1507936, member: 112&quot;]Why make it so complicated ? Just answer the kid&#039;s question. No, a mark is not equivalent to a dollar. 5 marks are/were roughly equivalent to a dollar. Just like 5 francs was roughly equivalent to a dollar, just like 8 reales was roughly equivalent to a dollar, just like a thaler was roughly equivalent to a dollar.</p><p><br /></p><p>At the time when coins had silver and gold in them any coin from any country in any denomination could be said to be equivalent to a dollar or some portion of a dollar. Because the value of the coin was based on the silver/gold content. So if you know the metal and weight of the given coin then you figure out its equivalency to a dollar.</p><p><br /></p><p>Now once silver and gold went away, that all changed. Then the equivalency was based on currency exchange rates. But not until then.[/QUOTE]</p><p><br /></p>

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