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This is a list of current and historical currency of Germany. The sole currency of Germany has been the Euro since 2002. List. Currency Area Date created
During the Second World War, Germany established fixed exchange rates between the Reichsmark and the currencies of the occupied and allied countries, often set so as to give economic benefits to German soldiers and civilian contractors, who were paid their wages in local currency. The rates were as follows:
Currency of West Germany (incl. West Berlin) 21 (24 W-Berlin) June 1948 – 30 June 1990 Note: except of the state of the Saarland (1957–1959) Currency of Germany 1 July 1990 – 31 December 2001 Note: euro existed as money of account since 1 January 1999, with DM coins and banknotes being the German appearance of the euro: Succeeded by: Euro
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.
It was a nice idea, but by 2004 the two biggest economies in the euro zone, Germany and France, had broken the rules for three years in a row. [ 83 ] Increasing business cycle divergence across the Eurozone over the last decades implies a decreasing Optimum Currency Area.
List of all European currencies Country Present currency Currency sign ISO 4217 code Fractional unit Previous currency Albania lek [10]: L ALL qindarke: none Andorra euro [11] ...
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The Papiermark (German: [paˈpiːɐ̯ˌmaʁk] ⓘ; lit. 'paper mark', officially just Mark, sign: ℳ︁) was the German currency from 4 August 1914 [1] when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I. [2]