Before changing to Euros, what currency was used in Germany?

The story behind the answer

Before Germany adopted the euro, its currency was the Deutsche Mark, commonly called the German mark or D-Mark. The Deutsche Mark was introduced in 1948 in the western occupation zones of postwar Germany, replacing the severely weakened Reichsmark.

The currency became the official money of West Germany and was widely regarded as a symbol of economic stability. After German reunification in 1990, the Deutsche Mark continued as the currency of unified Germany until euro notes and coins entered circulation in 2002.

Germany joined the euro’s monetary system earlier, in 1999, when exchange rates were fixed and the currency began being used for electronic and accounting transactions. The physical euro replaced the Deutsche Mark three years later. The conversion rate was fixed at €1 equal to DM 1.95583, meaning 1 Deutsche Mark was worth about €0.51129.

Source: Wikipedia · fact-checked Aug. 2026

Add question to a list

Choose a list to keep this question in: