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The Deutsche Mark (German pronunciation: [ˈdɔʏtʃə ˈmaʁk], German mark) was the official currency of West Germany (1948–1990) and Germany (1990–2002) until the adoption of the euro in 2002. It was first issued under Allied occupation in 1948 replacing the Reichsmark, and served as the Federal Republic of Germany's official currency from its founding the following year until 1999, when the Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins in early 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the other Eurozone nations, where the euro and legacy currency circulated side by side for up to two months. DM coins and banknotes continued to be accepted as valid forms of payment in Germany until 28 February 2002. The Deutsche Bundesbank has guaranteed that all German mark in cash form may be changed into euros indefinitely, and one may do so at any branch of the Bundesbank in Germany. Banknotes can even be sent to the bank by mail. On 31 December 1998, the European Central Bank (ECB) fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. One Deutsche Mark was divided into 100 Pfennig. HistoryFrom Wikipedia under the
GNU Free Documentation License Wha is the exchange rate on a 10 German Deutsche mark? Q. please does anyone know the exchange rate? Asked by dotsycat - Tue Sep 11 14:01:01 2007 - - 8 Answers - 0 Comments A. Germany has the Euro, the Mark is no longer a valid currency. You can exchange Marks at the Deutsche Bundesbank, though. The exchange rate from Mark to Euro was fixed at 1 Euro for 1.95583 Mark. Therefore, 10 Deutsche Mark = 5.11292 Euro I don't know what your currency is, so you best try this converter: If you want to exchange Mark in Germany, here's a map with its branches: and here's the list with adresses: Answered by Lee L - Wed Sep 12 06:25:06 2007 What is the value of a July 1923 German 20000 Mark note? Q. What is the value of a July 1923 German 2000 Mark note? Asked by Gerold F - Sun Mar 7 23:20:52 2010 - - 2 Answers - 0 Comments A. Virtually nothing. I've got a whole set of hyperinflation banknotes from 1923 Germany,including one for 2 billion marks. I bought the set for a couple of $ at the Tiergarten weekend market in Berlin in the late 90s.They're widely available,at least in Germany. Answered by ammianus - Mon Mar 8 02:54:15 2010 can I still exchange a German Deutsche Mark for U.S. dollars?
Q. It is a 1923 German Deutsche Mark. Asked by Starlene b - Sun Sep 23 16:27:12 2007 - - 2 Answers - 0 Comments A. Firstly, if it was a bill from the year 1923, the currency would be German "Reichsmark"...and well, as YOU probably know (some others apparently ignore that), 1923 was the year of hyperinflation... so a simple roll was like 50 million Reichsmark in the morning and probably 70 million in the evening... But if you find someone naive enough to make that deal, tell me about it, I still have a 50 million Reichsmark bill and I d be willing to accept an exchange rate at hmm... let s say 1000RM to a dollar... I know, I m just too generous as the dollar is currently so low :-P Answered by Chris - Tue Sep 25 04:17:50 2007 From Yahoo Answer Search: "German mark"  in.reuters.com Thu, 19 Aug 2010 13:28:42 GMT+00:00 Reuters India On Wednesday, Portuguese and Irish 10-year government spreads over the equivalent German bunds hovered just under the 300 basis point mark , while the Greek ... Grave euro doubts remain Business Spectator  bbc.co.uk Fri, 20 Aug 2010 05:07:35 GMT+00:00 BBC News The Daily Express, quoting German aristocrat Eduard Prinz von Anhalt, predicts Prince William and Kate Middleton will marry next summer. ... 'How different they lived from us' The Decatur Daily (subscription)  heraldtribune.com Fri, 20 Aug 2010 05:32:20 GMT+00:00 Sarasota Herald-Tribune Volkswagen -- The German automaker plans to bring back the $85000 Phaeton to the US, where the sedan flopped and was withdrawn in 2006, as part of the ... From Google News Search: "German mark"  markraycroft.com 345px x 500px | 127.30kB [source page] Add to lightbox GS3446 From Yahoo Image Search: "German mark"  genomeweb.com unknown hu, 19 Aug 2010 15:30:34 GM Judd will take over the company's top position from interim CEO . Mark. McGowan, effective Aug. 23. Upon stepping down, McGowan will continue his duties as chairman of the firm's board of directors. Jessup most recently was CEO of US Labs, ... From Google Blog Search: "German mark" |
