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The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaʁk] ⓘ; "German mark"), abbreviated "DM" or "D-Mark" ([ˈdeːˌmaʁk] ⓘ), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002.
The euro officially came into existence on 1 January 1999, as part of efforts to create an economic and monetary union within the European Union. Germany was one of the first countries to adopt the euro, with the Deutsche Mark ceasing to be legal tender after 31 December 2001. [9] [10]
In Germany, Deutsche Telekom modified 50,000 pay phones to take Deutsche Mark coins in 2005, at least on a temporary basis. [32] Callers were allowed to use DM coins, at least initially, with the Deutsche Mark pegged to equal one euro, almost twice the usual rate.
For regular coins, see Deutsche Mark and German euro coins. Those prior to 2002 were denominated in Deutsche Marks; subsequent ones have been denominated in euros.
The convertible mark, the currency of Bosnia and Herzegovina, was fixed to 1 German mark when it was introduced on the basis of the Dayton agreement. Consequently, after introduction of the euro, the convertible mark has used the German-mark-to-euro rate at 1.95583 BAM per euro.
German Euro coins are minted at 5 locations in Germany A, D, F, G, J: ... Mint master mark on Finnish euro coins 1999–2006; Mark Mark description Name of mint master
From June 21, 1948, the Deutsche Mark ("DM", also "D-Mark") was the sole legal tender there. The two previously valid means of payment, the Reichsmark and the Rentenmark of equivalent value (both abbreviated as "RM"), were removed from circulation and replaced by the Deutschmark. The currency reform of 1948 is one of the most significant ...
This category contains the currencies that were replaced by the euro and directly preceding the euro. Pages in category "Currencies replaced by the euro" The following 23 pages are in this category, out of 23 total.