answersLogoWhite

0

Very few places anymore. Germany adopted the euro as its currency in 2002. It's still possible to exchange bills and coins at a few larger banks (e.g. Deutsche Bank) but you'd almost certainly have to go to Germany to do so.

In any case, assuming the coins are dated after 1950 most circulated pfennig coins are not worth much more than face value, and since the exchange rate was 1pf = 1/2¢, you'd need a lot to make it worth exchanging them.

User Avatar

Wiki User

17y ago

What else can I help you with?

Continue Learning about Finance

How much is ten pfennigs worth?

Ten pfennigs is worth one-tenth of a Deutsche Mark, as the pfennig was the subunit of the German currency before the Euro was introduced. In terms of Euro, ten pfennigs would be approximately 0.051 Euro, given the conversion rate at the time of the Euro's introduction. However, pfennigs are no longer in circulation, so their value is primarily of historical interest rather than practical use.


Are the old German pfennigs money worth anything?

Old German pfennigs, especially those that are rare or in good condition, can have numismatic value to collectors, but their face value is no longer valid since Germany transitioned to the euro in 2002. Common pfennigs typically hold little to no monetary worth beyond their collectible appeal. If you have specific coins, it's advisable to consult a numismatic expert to determine their value.


How much US dollars is 5000 pfennigs worth?

Do you mean as collectibles or for their exchange rate? If you have that many coins you'd need to know their dates and mint marks. In general, 1-pf coins dated 1969 and later are worth more than face value only if they're uncirculated, and coins from 1948 to 1968 are worth more only if they're either uncirculated or nearly so. As for the exchange rate, at the time these coins were discontinued in 2002, they were worth about 1/2 of a U.S. cent. However, it would be very difficult to exchange them now unless you were at a major bank in Germany.


What do you mean by foreign exchange?

Foreign Exchange is Exchange between two currency.


What is a financial exchange?

an exchange that is financial

Related Questions

How much would 60 pfennigs be in us dollars?

30¢ at the exchange rate in effect when Germany switched to euros.


How many pfennigs are there in a euro?

There are 100 pfennigs in one euro. The pfennig was the subunit of the German mark, which was replaced by the euro in 2002. When the euro was introduced, the conversion established that 1 euro equals 100 pfennigs.


How many pfennigs are in a groschen?

A groschen was the subdivision of the Austrian Schilling. 100 Groschen = 1 Schilling.A pfennig was the subdivision of the German Mark. 100 Pfennigs = 1 Mark.Both currencies no longer exist, and both Pfennigs and Groschen are worthless.Since 2002 both Austria and German have used the Euro ('€') as currency.


Who will buy deutsch marks and pfennigs?

Germans.


How much is ten pfennigs worth?

Ten pfennigs is worth one-tenth of a Deutsche Mark, as the pfennig was the subunit of the German currency before the Euro was introduced. In terms of Euro, ten pfennigs would be approximately 0.051 Euro, given the conversion rate at the time of the Euro's introduction. However, pfennigs are no longer in circulation, so their value is primarily of historical interest rather than practical use.


How much is a 1998 Deutschland 10 pfennig coin worth?

It's an ordinary circulation coin that was used up till Germany switched to euros in 2002. At the exchange rate in effect at the time, 10 pfennigs (note spelling) were worth about a nickel.


Are the old German pfennigs money worth anything?

Old German pfennigs, especially those that are rare or in good condition, can have numismatic value to collectors, but their face value is no longer valid since Germany transitioned to the euro in 2002. Common pfennigs typically hold little to no monetary worth beyond their collectible appeal. If you have specific coins, it's advisable to consult a numismatic expert to determine their value.


How much is 11 1950 deutschland pfennigs worth now?

How much is a 1962 Deutschland 2 cent penny worth


What did the Germans use to call eruos?

Before adopting the Euro - the German currency was called the Mark, which was divided into 100 pfennigs.


Why did The Pfennigs experiment included plain brown artificial snakes?

im not sure if this is right but i think its because brown snakes were needed as a control.


How much US dollars is 5000 pfennigs worth?

Do you mean as collectibles or for their exchange rate? If you have that many coins you'd need to know their dates and mint marks. In general, 1-pf coins dated 1969 and later are worth more than face value only if they're uncirculated, and coins from 1948 to 1968 are worth more only if they're either uncirculated or nearly so. As for the exchange rate, at the time these coins were discontinued in 2002, they were worth about 1/2 of a U.S. cent. However, it would be very difficult to exchange them now unless you were at a major bank in Germany.


Are pfennigs a gold considered gold?

A pfennig is a German "penny" and would not have gold in it. Would normally be brass or copper. If shinned up can look much like gold