In 1979, the exchange value of the Deutsche Mark (DM) fluctuated due to various economic factors, including inflation and interest rates. On average, the DM was valued at approximately 2.3 to 2.5 Deutsche Marks per US dollar during that time. However, specific rates could vary daily based on market conditions. For precise historical rates, consulting financial records or databases from that year would provide the most accurate information.
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
The value of a 1963 Deutsche Mark can vary based on its condition, rarity, and collector demand. Generally, in terms of its historical exchange rate, the Deutsche Mark has been replaced by the Euro, and its purchasing power has significantly changed since then. As of now, a 1963 Deutsche Mark is typically worth a small amount to collectors, often between a few cents to a few dollars, depending on its condition and market interest. However, for an exact valuation, it’s best to consult a currency collector or appraiser.
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.
at todays value a US dollar is less the 2 marks on the market
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.
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.
Deutsche Mark was created in 1948.
The Deutsche Mark (DM) was replaced by the Euro (EUR) in 2002, and its exchange rate varied before that transition. As a general estimate, 1 Deutsche Mark was roughly equivalent to about 0.55 to 0.60 Euros. Given the exchange rates at that time, 5 Deutsche Marks would be approximately equivalent to 2.75 to 3.00 Euros, which translates to around 3.00 to 3.30 US Dollars based on historical exchange rates. For precise conversions, it's best to refer to historical financial data.
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