Is Germany currency freely exchanged

Anonymous

∙ 12y ago

Updated: 8/20/2019

The currency in Germany, the Euro, is freely convertible into other currencies.

Wiki User

∙ 12y ago

What else can I help you with?

What does not freely convetable mean?

"Not freely convertible" means that a currency or asset cannot be easily exchanged or traded for other currencies or assets on the open market. This lack of convertibility can restrict the flow of money and investments, often indicating government restrictions or controls on currency exchange.

What currency do they use in Rome and where can it be exchanged for local currency?

The currency used in Rome is the Euro. It can be exchanged for local currency at banks, currency exchange offices, and some hotels or tourist areas.

What does it mean when an economist says that currency has become stronger?

The currency can be exchanged for more of a foreign currency.

How do you call east Germany's money?

The currency of East Germany was known as the Mark. it had no exchange value as it was illegal to take it out of the country. When German reunification came about, the West German government exchanged it 2 for 1.

If you have this coin where can you exchance it?

Coins can be exchanged for other currency at a bank.

Damaged us currency?

it should be taken to a bank to be exchanged

What is the definition of exchange rates?

the ratio at which a unit of the currency of one country can be exchanged for that of Another Country. (www.dictionary.com)

A(n) is defined as any situation in which goods or services are exchanged freely.?

market

What are exchangs rates?

Exchange rate is the rate at which one currency is exchanged for another.It is the price of one currency in terms of another currency.

What are Germany's currency called?

Germany's currency is the Euro (symbol '€').

Where can you change US currency into Aruban currency?

According to Exchange Rate's website, U.S. currency may be exchanged for Aruban currency at most banks in Oranjestad, Aruba's capital.Specifically, U.S. currency may also be exchanged at specialized stores called Foreign Exchange Bureaus. These specialized stores have signs such as Bureau de Change, GeldWechseln, or Cambio. U.S. currency may also be exchanged at the Oranjestad airport but Exchange Rate cautions that the exchange rate may not be the best there.

What is the currency used in German?

euro is the current currency in germany

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