Germany and the euro

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)