# Dawes Plan (1924)

URL: https://germany-history.com/timeline/1924-dawes-plan
Location: Germany
Categories: main-event

The Rentenmark stabilised the currency in November 1923. The Dawes Plan of 1924 reorganised reparations with American loans. Germany entered a period of relative stability.

## Why it matters
It began the 'Golden Twenties' of Weimar culture.

Ruler at the time: [Friedrich Ebert](https://germany-history.com/rulers/friedrich-ebert)

## Sources
- [Wikipedia – Dawes Plan](https://en.wikipedia.org/wiki/Dawes_Plan)
- [Wikipedia – Rentenmark](https://en.wikipedia.org/wiki/Rentenmark)
- [Encyclopaedia Britannica – Dawes Plan](https://www.britannica.com/event/Dawes-Plan)
- [Encyclopaedia Britannica – Rentenmark](https://www.britannica.com/topic/Rentenmark)