WikipediaExtracts:Deutsche Mark

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Extracted from Wikipedia --

100 Mark (Obverse).jpg

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(1948–1949)</small> | {{flag|West Germany}} <small>(1949–1990)</small> | {{flagdeco|Berlin}} West Berlin <small>(1949–1990)</small> | {{flag|East Germany}} <small>(July–October 1990)</small> | {{flag|Germany}} <small>(1990–2002)</small>}}"},"unofficial_users":{"wt":"{{collapsible list |\n{{flagdeco|United Nations}} UNMIK <small>(1999–2002)<ref>{{cite news|url=http://news.bbc.co.uk/1/hi/business/437844.stm%7Ctitle=Kosovo adopts Deutschmark|date=3 September 1999|work=BBC|access-date=22 June 2013}}</ref></small>\n| {{flagdeco|Serbia and Montenegro}} ''FR Yugoslavia'' <small>(1992–2002, in parallel with the Yugoslav dinar until 2002)</small>\n| {{flagdeco|Republic of Montenegro (1992–2006)}} ''Republic of Montenegro'' <small>(1996–2002, in parallel with the Yugoslav dinar until 2002)</small>\n| {{flagdeco|Bosnia and Herzegovina|1992}} ''Republic of Bosnia and Herzegovina'' <small>(1992–1998, in parallel with the Bosnia and Herzegovina dinar)</small>\n| {{flagdeco|Croatian Republic of Herzeg-Bosnia}} ''Croatian Republic of Herzeg-Bosnia'' <small>(1991–1996, in parallel with the Bosnia and Herzegovina dinar, Croatian dinar, and Croatian kuna)</small>\n| {{flagicon image|Flag of the Autonomous Province of Western Bosnia.svg}} ''Autonomous Province of Western Bosnia'' <small>(1993–1995, in parallel with the United States dollar, French franc, Croatian kuna, and Yugoslav dinar)</small>\n| {{flagdeco|United Nations}} UNTAES <small>(1996–1998, in parallel with the Croatian kuna and Yugoslav dinar)</small><ref name=\"Global Governance\">{{cite journal|title=The Political Challenges of Administering Eastern Slavonia|journal = Global Governance|volume = 10|issue = 1|author= Derek Boothby| publisher= Global Governance: A Review of Multilateralism and International Organizations |pages= 37–51 (15 pages)|date= Jan–Mar 2004|doi = 10.1163/19426720-01001005|jstor = 27800508}}</ref>}}"},"ERM_since":{"wt":"13 March 1979"},"ERM_fixed_rate_since":{"wt":"31 December 1998"},"euro_replace_non_cash":{"wt":"1 January 1999"},"euro_replace_cash":{"wt":"1 March 2002"},"ERM_fixed_rate":{"wt":"DM 1.95583"},"pegged_by":{"wt":"Bosnia and Herzegovina convertible mark, Bulgarian lev at par"},"subunit_ratio_1":{"wt":"{{frac|1|100}}"},"subunit_name_1":{"wt":"Pfennig"},"unit":{"wt":"Mark"},"symbol":{"wt":"DM"},"symbol_subunit_1":{"wt":"pf"},"plural":{"wt":"Mark"},"plural_subunit_1":{"wt":"Pfennig"},"frequently_used_coins":{"wt":"1pf, 2pf, 5pf, 10pf, 50pf, DM1, DM2, DM5"},"frequently_used_banknotes":{"wt":"DM5, DM10, DM20, DM50, DM100, DM200"},"rarely_used_banknotes":{"wt":"DM500, DM1,000"},"issuing_authority":{"wt":"{{lang|de|Deutsche Bundesbank|italic=no}}"},"issuing_authority_website":{"wt":"{{URL|www.bundesbank.de}}"},"printer":{"wt":"{{plainlist|\n* Bundesdruckerei\n* Giesecke & Devrient\n}}"},"printer_website":{"wt":"{{plainlist|\n* Bundesdruckerei\n* Giesecke & Devrient\n}}"},"mint":{"wt":"{{hidden|List|{{plainlist|\n* Bayerisches Hauptmünzamt, Munich (Mint mark: D)\n* Hamburgische Münze (J)\n* Staatliche Münze Berlin (A)\n* Staatliche Münzen Baden-Württemberg, formed by Staatliche Münze Karlsruhe (G) and Staatliche Münze Stuttgart (F)\n}}}}"},"mint_website":{"wt":"{{hidden|List|{{plainlist|\n* Munich mint\n* Hamburg mint\n* Berlin mint\n* Karlsruhe-Stuttgart mints\n}}}}"},"obsolete":{"wt":"yes"}},"i":0}}]}' id="mwCg"><link rel="mw:PageProp/Category" href="./Category:Currencies_with_ISO_4217_code"/>

The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaʁk] <link rel="mw:PageProp/Category" href="./Category:Pages_with_German_IPA" about="#mwt43"/><link rel="mw:PageProp/Category" href="./Category:Pages_including_recorded_pronunciations" about="#mwt43" id="mwFg"/>; 'German mark'), abbreviated "DM" or "D-Mark" ([ˈdeːˌmaʁk] <link rel="mw:PageProp/Category" href="./Category:Pages_with_German_IPA" about="#mwt46"/><link rel="mw:PageProp/Category" href="./Category:Pages_including_recorded_pronunciations" about="#mwt46" id="mwGw"/>), was the official currency of West Germany from 1948 until 1990, and then of unified Germany from 1990 until the adoption of the euro in 2002. In English, it was typically called the "Deutschmark" ( DOYTCH-mark). One Deutsche Mark was divided into 100 pfennigs.

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. On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. In 1999, the Deutsche 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 on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the other eurozone states, 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 1 March 2002.

The Deutsche Bundesbank<link rel="mw:PageProp/Category" href="./Category:Articles_containing_German-language_text" about="#mwt53" id="mwMw"/> has guaranteed that all German marks in cash form may be changed into euros indefinitely, and one may do so in person at any branch of the Bundesbank in Germany. Banknotes and coins can even be sent to the Bundesbank by mail. In 2012, it was estimated that as many as 13.2 billion marks were in circulation, with one poll from 2011 showing a narrow majority of Germans favouring the currency's restoration (although only a minority believed this would bring any economic benefit). Polls in the early 2020s indicated only a minority of Germans supported reintroduction of the Deutsche Mark.

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