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The German mark was replaced by the euro, first as an accounting currency on 1 January 1999, at a conversion rate of 1.95583 marks per euro. Thereafter, the mark-denominated notes and coins represented the euro at that conversion rate, and remained legal tender until 1 January 2002, when they were replaced by euro notes and coins.
These mint marks have been continued on the German euro coins. Between 1 July 1990 (the currency union with East Germany) and 1 July 1991, East German coins in denominations up to 50 pfennig s continued to circulate as Deutsche Mark coins at their face value, owing to a temporary shortage of small coins. These coins were legal tender only in ...
The Hamburg mark courant or currency was converted at 1 mark = 1.2 Imperial marks, and the Hamburg mark banco of the Bank of Hamburg was converted at 1 mark banco = 1.5 Imperial marks. German 5-mark Art Nouveau banknote from 1904, designed by Alexander Zick. From 1 January 1876 onwards, the mark and vereinsthaler became the only legal tenders.
Simple euro calculator (Germany) A euro calculator is a type of calculator in European countries (see eurozone) that adopted the euro as their official monetary unit. It functions like any other normal calculator, but it also includes a special function which allows one to convert a value expressed in the previously official unit (the peseta in Spain, for example) to the new value in euros, or ...
Currency Area Date created Date abolished Euro Germany: 1999 current currency Deutsche Mark Germany (unified) West Germany: 1990 (unified) 1948 (West Germany) 2002 East German mark East Germany: 1948 1990 Saar franc: Saarland: 1947 1959 Saar mark: Saarland: 1947 1947 Reichsmark Allied-occupied Germany Nazi Germany Weimar Republic: 1924 1948 ...
The transition to the euro in Germany involved a three-year period, starting from 1 January 1999, during which the euro existed as "book money". Euro banknotes and coins were introduced on 1 January 2002. [11] This was the earliest date for any member state when the national currency ceased to be legal tender.
Euro coins and banknotes of various denominations. On 1 January 2002 the euro notes and coins were officially introduced into circulation in many European countries, including Germany, where the Deutsche Mark used to be the official currency. [13] Thus the Deutsche Mark ceased to be legal tender immediately upon
German euro coins have three separate designs for the three series of coins. The 1-cent, 2-cent and 5-cent coins were designed by Rolf Lederbogen [ de ] , the design for the 10-cent, 20-cent and 50-cent coins were designed by Reinhard Heinsdorff [ de ] and the 1- and 2-euro coins were done by Heinz Hoyer [ de ] and Sneschana Russewa-Hoyer .
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