D-Mark exchange: So much money was changed to euros in 2024!

In 2024, D-Marks worth around 7.2 million D-marks were exchanged in Rhineland-Palatinate and in Saarland in euros. The exchange volume was less than in the previous year, when almost 7.7 million D-marks were exchanged. Despite the introduction of the euro on January 1, 2002

Germany is one of the six countries in the euro area in which the exchange of D-Mark in euros is possible unlimited. The head administration of the Deutsche Bundesbank in Mainz is responsible for all D-Mark stocks submitted by post. The defined exchange rate for the exchange is 1 euro for 1.95583 D-Mark. The exchanged D-Mark stocks in Rhineland-Palatinate and Saarland corresponded to almost 3.7 million euros.

nationwide exchange and conditions

Nationwide, the Bundesbank exchanged over 53 million D-Mark in 2024, which corresponds to an equivalent of around 27.2 million euros. In 2023, the nationwide sum was a good 58 million D-Mark. The exchange of DM banknotes and coins is free of charge and takes place without a contract or time limit. The exchange can be made in all branches of the Deutsche Bundesbank and by post to the Mainz branch.

The assumed banknotes and coins are banknotes of the bank of German countries and the Deutsche Bundesbank as well as federal coins in DM or Pfennig. The official exchange rate is 1 euro = DM 1.95583. However, certain banknotes and coins, such as the 2-DM coin of the first edition from 1951 or banknotes that were issued before June 20, 1948, are not accepted for exchange. A reimbursement application can be submitted to the Deutsche Bundesbank for non -accepted banknotes, while foreign banknotes and coins can be exchanged in the country of origin.