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If your question relates to the numismatic value of a 1978 Deutsche Mark coin, it is worth less than a dollar in circulated condition, and US$1 to US$2 in uncirculated or proof condition. This is the case regardless of which mintmark (D,F,G or J) you are referring to. If your question relates to the Dollar-Deutsche Mark exchange rate in 1978, US$1.00 = DM2.00 (FYI, it was US$1.00 = DM2.32 in 1977 and US$1.00 = DM1.83 in 1979).
In 1948 all previous forms of the Deutsche Mark including the Zwanzig Deutsche mark merged into one common conversion rate. In 2002 the Deutsche Mark was considered null and void of value and was replaced by the euro.
Deutsche Mark coins and bills can no longer be used in ordinary commerce, but as of 2016 the Bundesbank maintains its policy of exchanging DM bills and coins for euros without restriction. The exchange rate is the same as that established when the euro entered circulation, approximately 1 DM to €0.51
I don't know if there's a way to directly exchange to USD, but the Deutsches Bundesbank should exchange to EUR. (see link below) www.euromoney24.com - here you can exchange your leftover former European currencies like Deutsche Mark, Franc, Schilling or donate it directly. Worldwide service, safely and comfortably.
at todays value a US dollar is less the 2 marks on the market
Deutsche Mark was created in 1948.
It was 5 Euro at the time of conversion. You might still get that for it if you exchange it.
Deutsche Mark preceeded the Euro as the currency in West Germany
The Deutsche Mark is no longer in use, having been replaced in 2002 by the Euro. However, the Deutsche Bundesbank (the central bank of Germany) will exchange them (except for the 1948 50 Deutsche Mark bill and the 1951 2 Deutsche Mark coin, both of which were demonetized about 50 years ago) for Euros at a rate of 0.51129 Euros per Deutsche Mark. This equates to 40.90 Euros. As of March 5, 2009, this is the equivalent of 36.41 British Pounds. More information on exchanging Deutsche Marks can be found at: http://www.bundesbank.de/bargeld/bargeld_faq_banknotendm.en.php
In perfect, uncirculated condition, the 1980 5 Deutsche Mark note is worth $9. In Very Fine condition, it is worth $6. In any other, non-collectible condition, it is worth face value - $3.71.
Before the Euro was introduced to Germany, their currency was the Deutsche Mark. There were 100 Pfennings in a Deutsche Mark.
It was the German Mark, also known as the Deutsche Mark.