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It was worth about $25 in 2002 when Germany switched to the euro.
If you're travelling to Germany or know someone who is, the German central bank (Deutsche Bundesbank) will exchange old DM notes and coins without surcharges at any of its regional branches in Germany; these are located in most major and many secondary cities.
In the US it may be possible to exchange it at a major American branch of a German bank (e.g. Deutsche Bank, Dresdener Bank, etc.) or at a currency trader such as Amex, but the conversion charges for an obsolete bill will almost certainly eat up most or all of its exchange value.
What else can I help you with?
How much is 60 in zwanzig deutsche mark in us dollars?
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.
What is the value of 1988 Deutsche mark coin?
The German 1 Mark coins from that era were actually made of copper-nickel, and the highest collector's value would be around $4, if it's still in uncirculated condition.
Is deutsche mark still used today?
No, the Deutsche Mark is no longer in use today. It was replaced by the euro (€) in 2002 when Germany adopted the common European currency. Although the Deutsche Mark ceased to be legal tender, it is still remembered as an important part of Germany's economic history. People can exchange old Deutsche Mark notes and coins for euros at the Bundesbank, though this process is limited in time.
What is the value of of 1998 deutsche mark?
at todays value a US dollar is less the 2 marks on the market
When was Deutsche Mark created?
Deutsche Mark was created in 1948.
Are deutsche mark bond issued by the bank of Berlin in 1928 still valuable?
Duetsch Marks I believe are still valuable. I think they would hold value just because of the fact they are from 1928.
What currency was in Germany before the Euro?
Deutsche Mark preceeded the Euro as the currency in West Germany
What is the value of a 5 deutsche mark?
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.
Does the Deutsche Mark still have value?
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
How much is a deutchmark worth?
The Deutsche Mark (DM) is no longer in use as Germany adopted the Euro (€) in 2002. At the time of the Euro's introduction, the exchange rate was approximately 1.95583 DM to 1 Euro. Since the Deutsche Mark is no longer a valid currency, it has no official market value today, but collectors may still assign value based on historical significance and condition.
What was the currency used in Germany before the Euro?
Before the Euro was introduced to Germany, their currency was the Deutsche Mark. There were 100 Pfennings in a Deutsche Mark.
What was the 1978 Deutsche Mark worth in US dollars?
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).
