Well, Deutsche Marks are no longer legal tender anywhere in the world.
Deutsche Marks.
1.7524217 German Deutsche Marks
The Deutsche Mark, was the official currency of Germany from 1948 to 2001. Since 2002 Germany has used the Euro (€).
The Deutsche Mark was the official currency of Germany from 1948 to 2001. Since 2002 Germany has used the Euro (€).
The Deutsche Bundesbank (Germany's central bank) allows DM to EUR exchanges for an indefinite period of time. The Currency Commission also will exchange deutsche marks (and other obsolete EU banknotes) through their website.
1,991 German marks
Germans refer to coins or currency as Marks. The currency in Germany is called a Deutsche Mark, and can be found in different amounts of currency.Ê
The Deutsche Mark (DM) was the official currency of Germany until it was replaced by the Euro in 2002. The exchange rate varied over time, but approximately, 10 Deutsche Marks would have been equivalent to around 5 to 6 US dollars at the time of the Euro's introduction. However, for a current conversion, you would need to consider historical rates, as Deutsche Marks are no longer in circulation.
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
Marks, specifically the German mark (Deutsche Mark), were used in Germany until they were replaced by the euro in 2002. The term "mark" can also refer to various currencies in other countries historically, such as the Swedish mark or the Russian ruble, which was sometimes referred to as "mark" in various contexts. However, the Deutsche Mark is the most notable example of a currency known as "marks."
No, you cannot trade in Deutsche Marks (DM) in the U.S. The Deutsche Mark was replaced by the Euro in 2002, and the DM is no longer a valid currency. However, you may still be able to exchange Deutsche Marks at some banks or currency exchange services, but this is typically limited and may involve fees.
65 Deutsch Marks is equal to how many Euros or dollars?