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DEM

Deutsche Mark
Deutsche Mark (German)
Marka Gjermane (Albanian)
Njemačka marka (Croatian)
Nemačka marka / Немачка марка (Serbian)
DEU-10m-anv.jpg
DM 10 banknote.
ISO 4217
Code DEM
Denominations
Subunit
1100 Pfennig
Plural Mark
Pfennig Pfennig
Symbol DM
Pfennig pf
Banknotes
 Freq. used DM 10, DM 20, DM 50, DM 100, DM 200
 Rarely used DM 5, DM 500, DM 1000
Coins
 Freq. used 1 pf, 2 pf, 5 pf, 10 pf, 50 pf, DM 1, DM 2, DM 5
Demographics
Official user(s)
Unofficial user(s) Federal Republic of Yugoslavia Kosovo (1999–2002)
Bosnia and Herzegovina Bosnia and Herzegovina (1992–1998)
Montenegro Montenegro (1999–2002)
Issuance
Central bank Deutsche Bundesbank
 Website www.bundesbank.de
Printer
 Website
Mint
 Website
Valuation
Inflation 1.4%, December 2001
Pegged by Bosnia and Herzegovina convertible mark, Bulgarian lev at par
ERM
 Since 13 March 1979
 Fixed rate since 31 December 1998
 Replaced by €, non cash 1 January 1999
 Replaced by €, cash 1 January 2002/28 February 2002
= DM 1.95583
This infobox shows the latest status before this currency was rendered obsolete.

The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaɐ̯k], German mark), abbreviated "DM" or About this sound "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" (/ˈdɔɪmɑːrk/). It was first issued under Allied occupation in 1948 to replace the Reichsmark, and served as the Federal Republic of Germany's official currency from its founding the following year until 1999, when the mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins in early 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the other eurozone nations, where the euro and legacy currency circulated side by side for up to two months. Mark coins and banknotes continued to be accepted as valid forms of payment in Germany until 28 February 2002. However, in 2012, it was estimated that as many as 13.2 billion marks were in circulation, with polls showing a narrow majority of Germans favouring the currency's restoration.


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