Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Germany and the euro

    Germany and the euro

    eub2By eub23 February 2008 Euro No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    — last modified 03 February 2008

    Germany is a founding member of the European Union and was one of the first-wave EU countries to adopt the euro on 1 January 1999.


    Advertisement


    Germany at a glance

    Surface area: 357 030 km2
    Population: 82 310 995 (Eurostat 2007, provisional figure)
    Joined the European Union: Founding member (25 March 1957)
    Currency: Euro since 1 January 1999 (formerly German mark, DEM or DM)

    Euro information

    Status: Euro-area member since 1 January 1999

    Fixed conversion rate: €1 = 1.95583 DEM

    Adoption of the euro: The euro banknotes and coins were introduced in Germany on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as ‘book money’. The legal tender status of the German mark banknotes and coins ended on 31 December 2001, but they were accepted as payment until 28 February 2002 by virtue of a joint declaration from retail and banking associations.

    Exchange of former national currency: The Deutsche Bundesbank (National Central Bank of Germany) will continue to exchange unlimited amounts of mark notes and coins for an unlimited period.

    Opinion polls and surveys

    • Public opinion and the single currency (Eurobarometer website)

    Downloads

    • National sides of German euro coins
    • German commemorative coins

    Websites

    Euro websites

    • The euro on the Deutsche Bundesbank website (also in English)
    • Archived websites on the euro

    Institutions

    • Deutsche Bundesbank (National German Bank, also in English)
    • Bundesministerium der Finanzen (Federal Ministry of Finance, in German only)
    • German mints:
      • Das Bayerische Hauptmünzamt
      • Staatliche Münzen Baden-Württemberg
      • Staatliche Münze Berlin
      • Hamburgische Münze

    Business

    • Euro Info Centres Germany (in English only)
    • Bundesverband Deutscher Banken (Association of German Banks, also in English)

    Consumers

    • Stiftung Warentest (Consumers Association of Germany, in German only)
    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Euro continues to hold its ground – Euro currency news daily

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Save on your money transfers with EUbusiness and OFX

    Euro notes and coins - Photo by Pixabay

    Euro facts and figures

    Convergence report reviews Member States’ progress towards joining euro area

    Money transfer - Image by Mudassar Iqbal from Pixabay

    Save on your money transfers with EUbusiness and OFX

    LATEST EU NEWS
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Euro continues to hold its ground – Euro currency news daily

    9 July 2025
    Chemical production nature clouds - Image by andreas N from Pixabay

    EU to set up Critical Chemical Alliance

    8 July 2025
    Bulgaria euro - Photo © European Union 2025

    Bulgaria takes its place as 21st member of the eurozone

    8 July 2025
    Cars CO2 emissions- Photo by Alexey Demidov on Pexels

    Brussels seeks views on CO2 emission standards for cars and vans, car labelling

    7 July 2025
    Farming soyabean - Image by Loren King from Pixabay

    Brussels authorises use of safe genetically modified soybean as food and animal feed

    4 July 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Design and developed by : 

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?