What Was The Currency In Germany Before The Euro

The deutsche mark ceased to be legal tender immediately upon the introduction of the euro the currency of the european union.

At the beginning of world war i the official currency of germany was the papiermark one mark equaled 100 pfennig. Pfennig coins were in use until germany adopted the euro. First issued in 1948 it was legal tender in west germany and later the unified german. One mark was divided into 100 pfennig just as one euro is divided into 100 cents.

The deutsche mark abbreviated dm or d mark was the official currency of west germany from 1948 until 1990 and later the unified germany from 1990 until 2002. While you travel in germany you don t need to calculate prices into another currency. The first maltese euro coins were available for the public on 1 december 2007 as business starter packs worth 131 each started being available for small businesses to fill up their cash registers with sufficient amount of euro coins before the day jum. East germany used the east german mark as their currency from 1948 1990.

This expression is unknown in germany. It was replaced by the euro as the official currency of germany in 2002. In english it is commonly called the deutschmark. The german deutschemark deutsche mark dm or d mark was the pre euro currency of west germany from 1948 until 1990 and then of the unified federal republic of germany from 1990 until 2002.

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The euro replaced the german mark deutsche mark and it is the official currency of the european union. The saar mark and franc were the currency used in saarland from 1947 1959. If you visit germany from a country within the euro zone you are a happy traveller. The german currency before the euro was the deutsche mark or german mark.

It was first issued under allied occupation in 1948 to replace the reichsmark and served as the federal republic of germany s official currency from its founding the following year until the adoption of the euro. No need to worry about the best exchange rates before you leave home. The deutschemark or d mark was the official currency of the federal republic of germany until 2002.