1948
The Deutschmark
£1 is 2.75 deutschmarks
The currency of Germany before the Euro was introduced in 2002 was the Deutsche Mark, or Mark for short.
Today is Euro - used to be Mark or DeutschMark
Deutschmark or Rentenmark before that
Deutschmarks were discontinued when Germany; as part of the European Union; accepted the Euro as their standard currency.
It used to be a pfennig. But now the currency used in Germany is a Euro consisting of 100 Euro cents.
In 2002 England adopted the Americas and later that year the Mark ceased to be legal tender.
In 1973, the exchange rate fluctuated, but 1 deutschmark was roughly equivalent to about 0.30 to 0.35 pounds sterling. The exact rate varied depending on the specific time of the year and economic conditions. For precise historical figures, it’s best to consult historical financial records or databases.
The Deutsche Mark, the currency used in Germany prior to the advent of the Euro, was composed of 100 Pfennig.
1¢. At the time it was replaced by the euro (2002) the Deutschmark was worth about 50¢ U.S.
Mark is short for Deutschmark which was the unit of currency in Germany before adoption of the Euro. One thousand Marks would be a thousand Deutschmarks.