what currency does germany use?
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What Type of Money Is Used in Germany? Quick Answer. According to TripAdvisor, the Euro (€) is the primary currency of Germany. It replaced the Deutsche Mark (DM) on Jan. 1, 2002. The former currency is not accepted anywhere in Germany.
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Where the euro is used Where the euro is used. The euro is the official currency in 35 states and territories. Seven more will probably join in the next few years. Several others may join eventually. A further 24 peg their own currency to the euro.
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Here are all the countries that donât have a currency of their own Countries in a currency union. Euro: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.urrently, 18 countries comprising 330 million people use the euro. All the countries have given up monetary authority to the European Central Bank, which sits in Frankfurt. East Caribbean dollar: Antigua and Barbuda, Dominica, Grenada, St. Kitts and the Nevis, St. Lucia, and St. Vincent and the Grenadines.
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Currency The Eurois not the currency of all EU Member States. Two countries, Denmark and the United Kingdom, agreed to 'opt-out', while many of the newest EU members have yet to meet the conditions for adopting the currency. Once they do so, they will replace their national currency with the Euro.
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Germany Economy Germany has the largest national economy in Europe, the fourth largest by nominal GDP in the world, and the fifth largest GDP per capita based on purchasing power parity (PPP), and is a founding member of both the European Union and the Eurozone.
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Currency Currency. The currency in Italy is the euro (EUR). Euro banknotes and coins were circulated on the 1st of January 2002. Twelve European Union countries use the euro as currency. They are Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland.welve European Union countries use the euro as currency. They are Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland.
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- Germany officially switched to the euro on Jan. 1, 2002, and the deutsche mark immediately ceased to be legal tender, says Furhmans. However, unlike other countries that use the euro, Germany never set a deadline by which people had to trade their marks for euros. Individuals and businesses can still exchange their marks at government banks, at a rate of 1.96 marks per euro. As a result, merchants are more than happy to accept the old currency. Why are Germans so attached to the mark? The mark was never just a currency, says Furhmans.
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German Currency Facts about the Euro. The Euro was introduced as cash currency in Germany on 1st January 2002, although it was used for cashless transactions by banks and stock markets in the eurozone since 1999. An Euro starter kit, to get people used to the new German currency, was released on 17th December 2001.
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- The currency is the official currency of eurozone that comprises of 17 countries. Some these include Belgium, Finland, France, Germany, Greece, Italy, Netherlands, Portugal, and Spain. The currency is the second largest reserve currency as also the second most traded in the world. 9.
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German Currency The Euro replaced the German Mark and it is the official currency of the European Union. Nineteen states in Europe currently use the Euro. These states are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.
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- Germany has benefited enormously under the euro, which made Germany's exports to other euro countries much cheaper. Still, the way things are going in Europe, those marks may come in handy yet, says Joshua Keating at Foreign Policy.
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The Swiss franc The Swiss franc (CHF) is the only official currency in Switzerland (and in Liechtenstein). The franc is the only currency accepted everywhere. The Euro is the currency in the neighboring countries Germany, France, Italy and Austria, and in many other European countries. Nevertheless, you can pay with Euros in many shops, hotels, rail stations and gas stations in Switzerland. This is convenient if you're only in transit or only stay for one night.
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Eurozone The euro (sign: €; code: EUR) is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
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Euro The euro is the sole currency of 19 EU member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
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- 1 Use a mix of payment methods while you travel in Germany.  Talk with your bank at home to check what they charge if you withdraw foreign currency with your credit card or your bank card. Your bank card should have a Visa, Mastercard or EuroCard logo to work with ATMs in Germany and Europe.
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Germany Currency Here is some general inf ormation on Germany and the national currency (Euro) that I hope will be useful for anyone planning a trip here. One of the first things you will need to do when planning your trip to Germany is convert your national currency to the Euro.To do this you can either get it prior to your departure at your local bank, or get it at the arrival airport in Germany at a currency conversion table.ne of the first things you will need to do when planning your trip to Germany is convert your national currency to the Euro. To do this you can either get it prior to your departure at your local bank, or get it at the arrival airport in Germany at a currency conversion table.
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What type of currency does germany use? Germans are a member of the EMU (not the same as the EU although ofc theyre in that too) and as a member of the EMU germany uses the Euro (€) which is 1.99 Deutsche Mark in germanies old currency. heres a pic of the german euro: http://www.fitzmuseum.cam.ac.uk/gallery/...) EU membership doesn't necessarily equate use of the Euro. England, Denmark, and Sweden are all EU members, but refuse to join the Eurozone. Furthermore, many non-EU countries have adopted the Euro despite the fact tey are not members states (such as the Vatican City, Andorra, Monaco, San Marino, etc ...).
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Deutsche Mark The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaɐ̯k], German mark), abbreviated DM or D-Mark , was the official currency of West Germany (1948–1990) and unified Germany (1990–2002) until the adoption of the euro in 2002. In English, but not in German, it is commonly called the Deutschmark (/ˈdɔɪtʃmɑːrk/).
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Deutsche Mark [ˈdɔʏtʃə ˈmaɐ̯k] , German mark, abbreviated DM) was the official currency of West Germany (1948–1990) and unified Germany (1990–2002) until the adoption of the euro in 2002. It is commonly called the  Deutschmark  in English but not in German.Germans often say Mark (help·info) or D-Mark (help·info) .his article is about the Deutsche mark issued by the Federal Republic of Germany. For the Deutsche mark issued by the German Democratic Republic, see East German mark. For the currency of the German Empire from 1873 to 1914, see German gold mark.
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Euro The euro (currency code: EUR) is the official currency of the European Union, and the EMU is the process by which EU member states replace their national currency with the euro and transfer management of monetary policy to the European Central Bank.
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Money in Germany Money & Costs -- The euro (€) is the single European currency of Germany and other participating countries.Exchange rates of participating countries are locked into a common currency fluctuating against the dollar.The major cities of Germany are some of the world's most expensive.oney & Costs -- The euro (€) is the single European currency of Germany and other participating countries.
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Deutsche Mark It was introduced as the official currency of East Germany in July 1990, replacing the East German mark (Mark der DDR), in preparation for unification on 3 October 1990. East German marks were exchanged for German marks at a rate of 1:1 for the first 4000 marks and 2:1 for larger amounts.
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A brief history of Germanyâs currency This week Mandy has written a potted history of Germany’s monetary system since the turn of the 19th Century. Whilst many of us are familiar with the hyperinflation of the 1920s and the move to the Euro, it is interesting to see the various currency changes which have been made throughout Germany’s chequered past.
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German Currency Facts about the Euro. The Euro was introduced as cash currency in Germany on 1st January 2002, although it was used for cashless transactions by banks and stock markets in the eurozone since 1999. An Euro starter kit, to get people used to the new German currency, was released on 17th December 2001. Advertisement.
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- German Currency in World War 2   The currency was the Reichsmark (RM), which had replaced the inflationary currecny of 1919-23. In the later stages of World War 2 and the … first few months after the war, the Reichsmark lost about 80-85% of its value.As a result many people lost most of their savings a second time.he Euro. Since late March 2002 the Euro has been the only legal tender currency in Germany(€) . (The Deutsche Mark is no longer legal tender).
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What Currency Is Used in Vienna? Quick Answer. Vienna, Austria, uses the full spectrum of euro coins and notes common to other European countries such as Germany, Spain, France and Ireland. The euro became the official currency on January 1, 2002. Continue Reading.