World Money Max.

Share |

Home Banknote catalog Paper money by 'currency name'


Deutsche Mark

   

Germany - the German mark

1 DM = 100 marks

International designation: DM

Denomination banknotes in circulation: 50, 100, 200, 500

Value of coins in circulation: 25, 50, 100

History

In Germany, the monetary system has evolved very rapidly and progressively.

Of course, it all started practically as well as in other countries, namely, the first currency, which appeared in the country, was naturally coinage.

In the country produced almost the same kind of coins, this is what has allowed the country's economy develop in a more measured and intense.

When the need arose for a more developed monetary system, a new currency, which was considered at that time, the one and only national, it had the name of the Reichsmark. Currency has good security system, as well as quite acceptable appearance.

I would like to also add that the same currency of the country has been very stable for a long time, but in our modern time, the currency has lost its power, and dropped in price.

In general we can say that still have currency and popularity, and great stability, but it was not destined to continue to exist, since at present the country is the euro, which is considered the national currency.

From 1 January 2002 the country entered the Euro (Euro). In one euro 100 cents. Until the end of 2012 national bank notes will trade on the national euro free of charge, until 28 February 2002, all old banknotes and coins can also be changed in any exchange item (in most cases, also for free).

Features

Currency has a number of features in the first place is worth pointing out that it was designed very original, although still in a classical style.

On the obverse is an image of currency political figure, but on the other side attractions of the country.

The nominal value indicated on the side of the Lyceum, the same nominal value can be distinguished by size and color ratio of currency.

The color solution is not bright, but still quite original.

Additionally

The country attracts many tourists with its sights, so coming into the country is well aware of the monetary system and exchange currency.

Currency exchange is possible in banks and specialized exchange offices and in hotels and at the post office - in large cities they are working day, every day.

Credit cards are accepted in almost all major stores, gas stations, restaurants, cafes and hotels.